I have 500k in equity in my house what should I do with it? currently My rate is 2.7% and with the rising rates and currently around 6.5% what should I do with that equity. I live in the Seattle/Bellevue WA market and...
Hi, I rented the rooms out in my basement this past year and collected $16,200 in income. How can I best handle this income, come tax time? It's obviously a good chunk of money that will be added to my income but have...
Hello All,Im looking for a little help. Myself and my partner have successfully flipped a handful of properites in Louisiana. We typically pay cash and don't do inspections. We recently acquired a property that was li...
When I was in high school, I was one of the kids that was bullied everyday. One time I was pushed down the stairs. Kids would tie my shoes while I fell asleep in the bus. Would have spit wads hit my head. When being b...
I hope I am posting in the right forum. If not, please let me know and thanks in advance for not judging me on my bad investment :)In 2007, I thought I could make some $$ on a preconstruction flip.I bought a very nic...
Can anyone comment on the relationship between cap rate and price per unit? I would think the higher the cap rate the lower the price/unit. I am looking at the 2019 forecast in the Berkadia Report and it is showing a ...
Last week, the new bill was passed by city council to address housing affordability.Here's a summary of the changes to existing ADU laws in Seattle. https://www.seattle.gov/council/adu-eis- Allowing two ADUs on one lo...
Hi my Philly friends. I know Philly safety differ from block to block. Does anyone has access to a list of safest area to invest in Philadelphia. I remember seeing a list like that on this forum but I can't find it an...
Hi all,
I've been reading for a while and hope I have learned a lot over the past couple years. We are finally in the position to buy our first house in an area I really love. We have a house under contract and I'm q...
My father has a rental house that recently burned down. While much of the structure is still there the support beams that hold the weight of the house is damaged. So it has be categorized as a total loss. We have b...