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Hi,I'm am located in an expensive real-estate market (Los Angeles) so my options for buy-and-hold SFRs or MFRs are slim-pickings. As a result, I have to consider buying and renting out a condo. My question is, what ar...
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My husband and I are knee deep in our first REI condo purchase and the HOA is a mess. They let their buildings creep into major water damage over the years and then struggled to pass a special assessment back in 2016...
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I'm am hoping to do some cosmetic repairs on the properties I invest in in order to force some appreciation; I am wondering how to account for actually making them? Does this extend holding time and therefore affect t...
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Just purchased my first SFH rental off-market. Needs extensive work but don't know true extent. I do know it needs P/B foundation repair, new tile, and plumbing updates. My question: is there a general order of doing ...
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So I'm in the process of flipping my first home. I've learned a lot, one thing is to always be overly specific with contractors. I walked through the house with my contractor and explained everything I wanted done. Th...
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I'm in contract to buying a 4-plex in Oakland for 1.1 M. I plan to owner-occupy one unit and rent out the other three. I wanted to take out an FHA loan while putting just 3.5% down, but due to FHA's self-sufficiency ...
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As most of you know, as part of the IRA, the IRS was allocated significant funds to hire new employees. With that comes an increased audit risk. One of the things that IRS auditors look for when auditing a cost segreg...
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I own a 4plex that cash flows $795 with 10% vacancy, 10% capex, & 10% repairs included. It feels like ever since I bought it, it's been a capex nightmare (roof, two heating systems, replacing gutters, etc). I dont...
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Wondering what is the best way to pay a contractor in Texas? I know for sure you NEVER pay all up front but what are some common percentages now and days or form of payments. Also, what are these contractors charging?...
Investment Info:
Single-family residence buy & hold investment in Philadelphia.
Purchase price: $55,000
Cash invested: $37,000
full gut rehab needed new plumbing, electric, HVAC, patched floors, ...