Troy Elston
Converting private residence to rental property
I'm having a difficult time calculating tax gain/loss from a property sale and was wondering if someone could help me with calculations.Purchased Home in 2005 for $145500Converted personal home to a rental property in...
Janet Gonzales
Bad Credit - No HELOC
My current situation; I have over $250,000 in equity and can't get access to it because of bad credit. Attempted HELOC but NO GO... I don't want to sell..
Want to invest with the cash and rent my property that wou...
Romario Nicholas
Figuring out investing strategy
Trying to figure out what my 1st property will be in charlotte and looking for pointers. Im open to STR/MTR/LTR in charlotte. I know that the market for LTR & STR is super competitive here, so not sure if its wise...
Chris F.
Underwriting an 8-Unit. How does it look?
Looking at an 8-unit and would love your feedback on where I may be over/under conservative. I have the inplace that the seller "shows" and then my assumptions for the current year. All units expect the last one are o...
Tina Encarnacion
What Should I do with this property?
Hello,I am currently putting in an offer on a duplex. Offer is $239,000 ARV is $400,000 it needs cosmetic repairs in both units so I am estimating $35,000-40,000 in rehab costs. I am thinking rehab can be completed in...
Hugo Luna
Short Term Rental In Downtown Sacramento - 1 Bed / 1 Bath
I am in the process of acquiring a duplex with 1 bed / 1 bath units (approx 750 SF), in the Downtown Sacramento core. I am analyzing creative ways to increase cashflow on the units through short term rentals (airbnb),...
Khalia Owens
VA Loan 60 day occupancy Rules
I just closed on my second property on the 28th using the VA loan. Immediately after closing at 8 am I returned to work and was notified I received orders and would be leaving in March. No big deal but I was also noti...
Marcus Irons
VA Loans Requirements Prior to Marriage and After
Ok, so I have cruised the forums up and down looking for an answer to my question. I have learned a lot about VA Loans that I did not know, however I have come up short on a specific topic to my question. I am soon ...
Venkat Dabri
Penalities due to late tax filing
This year I was heavily strapped for cash due to a family emergency. I couldn't file my taxes on time and I had to file for an extension. Usually I receive a very large refund but this time I had to pay a huge amount ...
Jesse Grothaus
New Member in Turlock, CA
Hey all,I am an aspiring investor in Turlock, California. My general plan at this point is to utilize the BRRR strategy to invest in multifamily units in the Central Valley of California and generate cash flow, then m...