Kat Rathell
Selling rental - capital gains tax?
We bought a duplex 7 months ago intending to rent it out. It was bought for cash from our home equity loan. We have now rehabbed the lower unit and found a tenant. They are moving in in 2 weeks. The upper unit will b...
Ramaiyer Ramesh
Tax implications of paying buyer outside of 1031
A prospective buyer wants to get a non-confirming loan (due to attractive 7 year rate). But they want to pay 10K less in purchase price as we are splitting some remodel cost. If the purchase amount is reduced, that wi...
Aaron T.
What percent are you using for maintenance, vacancy, PM, etc???
I am using the BP rental calc to evaluate properties for potential rental performance. What numbers is everyone using for their expenses?I am using:Vacancy- 6%-8% this gives me one months rent at 8% or just enough to ...
Ricky Raleigh
4 Unit Advice
Hello, I am a newer investor and my wife at I our looking at our first 4 unit home. Its a 4 unit in a nice area, listed at $225,000, doesn't need any work and is fully rented at $3,200/mo.
Details:
Tax...
Aaryan Patel
What are ALL of your expenses per month on multifamily properties
What are ALL of your expenses on multifamily properties? There are many common ones such as mortgage, utilities, cap ex, vacancy, landscaping, and more, but I was wondering if anyone had dealt with even more specific...
Matt R.
Looks like Amazon hq2 is NYC and VA
I just read it looks like HQ2 is going to NYC and Virginia. NYC for talent attraction and VA/DC for politics is my guess. Thoughts?
John Mason
Need advice from investors who have done 6 months buyout of loan partners
Good Morning all!!Need advice from investors who have done 6 months buyout of loan partnersScenarioInvest 50 k, loan partner invests 50 k , buy using DSCR in a LLC for STRAgreement using attorney is, pay 60 k to loan ...
Rhys Massengill
Rental Property Question
I am new to real estate investing and haven't set up good marketing strategies to generate any quality leads for good deals. I have found some properties that I estimate could cashflow me about $200-300 a month as ren...
Amy Solomon
Hml holding Reno funds in escrow. How does this work?
How does this usually work? I've seen that they will pay straight to the contractor after verification of completed work. How does the gc like this?
What about the expenses that don't get paid to a gc. Like p...
Juan David Maldonado
Who determines Section 8 rent amount?
Who determines the rent amount for my unit if I want to rent it out for section 8. The local housing authority or myself? I understand section 8 pays 50% to 80% percent of the rent, and the tenant pays the rest. If I ...