With the increase in interest rates, looming recession, and drop in asset values generally, at what are the cap rates that folks are you purchasing? Is 10% still the magic number or are folks willing to buy at a lower...
I live in Los Angeles, and I've been investing in multi-families in the midwest for quite sometime now. A business colleague, who I've worked with in the past and trust 100%, mentioned that he wanted to invest in real...
I understand that value is driven by income when dealing with multifamily (5 units plus), but at what point do upgrades/renovations increase value? For instance if I have an 8unit that has old painted cedar shakes and...
I am currently renting but looking to buy in the Minneapolis market. I am a first time home buyer looking to purchase a condo, however I only want to live in the home for 2 years and then turn it into a rental propert...
My business partner and I started renting a single family in the Poconos, PA to list on Airbnb in the beginning of 2022. The area performed extremely well in 2021 and though the rent for the property was on the higher...
Has anyone used their 401K to buy a rental and receive tax free income ? If so, how does one go about doing so? Would I be able to make repairs out of pocket or does everything have to be from the 401K?
Hello! I am a new investor looking to purchase my first property in the Rhode Island/Bristol County, MA area. I have built up enough savings to purchase a multifamily property with an FHA (3.5% down) loan or Fannie ma...
I am currently looking for a property to meet the 1% rule. I want it to be low maintenance, so I would like a new(er) property. I am a buy and hold investor. I currently have a property in TN and live in CA so Arizona...
Hi everyone,I'm trying to learn as much about Lease Options as possible. I've been reading Wendy Patton's literature and watching her videos. In one of her videos she mentions Clean Slate Credit Solutions as the compa...
I sold a rental house in 2015 for a 55K gain (after subtracting costs of sale, upgrades, etc). Depreciation recapture was painful. When I finally got a TurboTax Premier and modelled the sale, I was surprised the gain ...