Investment Info:
Small multi-family (2-4 units) buy & hold investment in Kennewick.
Purchase price: $335,000
Cash invested: $20,000
Sale price: $485,000
My wife and I purchased this (C class)...
Hey everybody! So, I'm trying to avoid a problem before it gets created or gets worse... I have a mortgage on a property in the Philadelphia suburbs. It is my first and only mortgage at this time. However, I am lookin...
Hey BP,I have a 6 unit property that is currently below market rent by $100 - $150 and the previous owner paid for city water, sewer, and garbage. The property is in a smaller town where water is a flat fee (not mete...
I am the POA for my dad. His house has high capital gains taxes (bought it 1983) and low property 19 (CA) tax base. Can I keep property 19 tax base on a 1031 exchange ? ( I have heard no)
Could I do the 1031 exchange...
Hi all, I am just starting on my real estate investing journey with my current primary residence in the extended suburbs of Minneapolis. We are planning to list it as a long term rental. The house has a few amenities ...
Residents in one unit are on vacation and informed me ahead of time (as required by lease). A few weeks into the vacation, the residents in the other unit asked if their adjoining neighbors are on vacation. Is it okay...
Hey Everyone,I am getting very close to the point where I can refi out of my FHA loan on my primary residence into a conventional mortgage to get rid of my PMI.Once I do that I would like to make my primary a rental a...
Hello!Does it make sense to use the appreciation gained from our current rental properties to pay down our primary residence mortgage? We currently cash flow about $600/month on 2 rental properties. However, if we w...
We just bought a house and while I was checking out the crawl space for problems I came face to face with a large possum. How do I trap and/or kill this thing? Thank you in advance for any help.
Hi everyone, I need some advice, please. I’m just getting started with my real estate journey and right now I’m in the process of buying my first rental property. I plan to live in one unit and rent out the rest to ot...