Precious Thompson
Expenses
How do a landlord find out about expense such as garbage or sewer , Since every property does require these fees, should they still be included when evaluating the numbers for a purchase , and who is responsible to pa...
Samarth Kamle
Investments in Cleveland
Hi all! I am a new investor from CA looking to purchase turnkey ready multifamily units in Cleveland. I am also looking for a wrap around service that includes references to property management. Any recommendations wo...
John Patterson
Does Section 8 pay a higher rent if the owner includes electric?
Please help. Does section 8 pay a higher rent amount if electric (heating,cooking,water heating,other electric) is included in the unit compared to if its not?Location is California.
Brad Johnson
Help me vet an Airbnb Vacation Rental
I'm looking at possibly purchasing a beach house and Airbnb'ing it. The general rule of thumb I've heard is to expect 1% of the purchase price in gross revenue, but Airdna suggests this property is almost 2%:501 s sho...
Ron P.
Tax Depreciation
I have a rental condo on leased land that I purchased and fixed up in 2014. Do I depreciate the full purchase price + rehab costs? Since I don't own the land there is no way to split the purchase price between land ...
Cassandra Brown
Documenting Property Performance
My wife and I recently purchased our first property, a duplex we are house-hacking. I want to compile a file of information, either digital or physical, that could potentially be used as a piece of documentation show...
Ruchi Patel
Investment house property taxes
We are in the process of purchasing a investment 2 family house. I would like to know what can be deducted or depreciated from the closing costs expenses ?
Jason Jackson
ARV include commissions and closing costs?
Are real estate commissions and closing costs included in the 70% ARV when running the numbers on a property?Example 100,000 ARV-20,000 Repairs-50,000 Purchase PriceMy question is are the sales costs less than the...
Kevin G.
Need HELP with this house hack deal! Does it make sense?
am considering purchasing a 3-unit property in my area and house hacking it with my family. Currently, I am renting in the Bay Area, CA and paying $2750/month for rent, not including utilities. The property I am inter...
Patrick Shep
Delayed Financing with assignment fee
I’m looking at paying cash for a deal and using delayed financing. It’s a wholesale deal with an assignment fee. If I do delayed financing am I able to include that assignment fee?