Martin Sterling
Finding a Bedroom & Both Count on Unlisted Properties
Greetings,How do I find a Bedroom & Both Count on an Unlisted Property? I went to the tax assessors website and didn't see anything regarding that.Thanks in advance
Ryan Haase
How long does a claim count against the home?
We own a SFR that had two water damage claims, one in 2011 and one in 2012 for a total payout of $6,000. We bought the home in 2014, so these claim aren't against us, but against the home. I was just wondering how lon...
Ale Rioja
Rent-by-room income counting towards DTI (Fannie / Freddie)
Hi BP community:I have a 4bd SFH property that I'm renting by the room (1 long-term lease + 3 short-term Airbnb). I was doing this while I was living in it last year. Now, I'm looking to acquire a 2nd property and als...
Sam DeBenedetto
Does rental mortgage count against DTI for personal residence?
Hello and here is my situation. I have two mortgages currently for investment properties that are used as rentals. I purchased one property June 2014 and another in November. Both are excellent cash flow generators. I...
Tamar Hermes
How do you count how many doors you have?
This topic seems like one of the first questions Real Estate investors ask each other. If I include passive investments in syndication, my numbers are significantly higher. Do you count those units as additional door...
Wade Stahle
how are construction costs counted towards year end taxes?
Example: A flipper has made $100k in profit in the calendar year 2016. In December 2016 he buys another flip and renovates using all of his $100k profits. The house doesn't sell till January 2017. Since he has $100k w...
David London
Management company count Tenant Deposit as Income on 1099
My previous management company included in the 1099-Misc as 'Other Income' the tenant deposit they returned to me after I moved my properties to another management. The leases for my two houses are until May 2023 and ...
Stephen Spain
Are there lenders who will count potential ADU income?
Hey Guys,I found a single family house with an ADU in the basement today that looks great. The current owner has family in the ADU and doesn't collect income. My intention would be to owner occupy the main house and l...
John Stamos
Real Estate Professional Status - do RE licensing hours count?
Hi, I looked into REPS and my spouse meets most of the criterion. My question is the following…
Do the several hours taking a Real Estate Licensing course and exam count towards Real Estate Professional Status? My sp...
Sara Frank
Bed and bath count, what's your MTR sweet spot?
I want to hear about your markets! What bed/bath count brings in the best rent to purchase price ratio for midterm rentals? Here in Baltimore it seems like our sweet spot is the 2 bed 2 bath.