Hi All,My 61-year old father recently signed a lease with a 40-year-old Russian woman who had recently moved to America on a tourist visa and started working illegally ((he did not find this out at the time). She move...
The full story is on Bloomberg.com here: Zillow wants to flip your house should you want to read all the details.For those with TLDR syndrome the gist of it is:Zillow has now joined the ranks of high tech real estate ...
My architect and I designed a 3 story townhome. Initially, he had a standard walled-in staircase on the second level but I found a metal guy who provided this unique open staircase concept with just a metal rail bar w...
Hi all,Has anyone here ran a calculation of your return on equity? To do so, you take the current cash flow and you divide that by equity you have in your RE. So your personal home has little to no ROE. Right? It i...
Going to be honest here - I am not sure this is a great deal... Maybe a good deal, maybe an acceptable deal but not a great deal as it stands.If I decide to buy this - it will be my first investment property, my first...
I just closed on a duplex in April using FHA financing to do a house hack. The market rent for each of the units (both 3 bedroom + 2 full bath) is approximately $900 each. I have inherited the tenant living on the ot...
Hello fellow BP members! Looking for a little advice..Little background: I am a financial analyst for a multifamily developer, so i understand real estate and all of the financials associated, but i am definitely not ...
I know cash is KING but I was hoping from some clarification in the whole aspect of not flipping but buying property and renting it out. I keep hearing this 50% rule and what not, but just want to see if anyone has an...
Has anyone else had major issues with Natalie Kolodij Tax & Consulting?
For 2021 she didn't file all the necessary business taxes for my rentals in multiple states and six (6) days before my personal taxes were d...
Hello,
I’m a newbie Pro member that I would self-describe as a “Bob”, meaning I have a great job, great income and great credit (as does my husband). We also have good discretionary income and a lot of equity in our p...