Bruce Olsen
Does an Office space count as owner-occupied?
I have recently been told that a property owner can qualify for a conventional loan (which requires the owner to occupy the property) by maintaining an office on the property. For example, a landlord owns a duplex, an...
Ryan Rigdon
Real estate accountants
Hi, everyone! I am in the Woodstock area and am currently searching for a local accountant that has a focus on real estate. I appreciate all of you that reach out!
Kenneth Moerschel
Selling home way under value to a friend
Can someone sell their property that has not had a mortgage for many years to a friend way under market value? The property is worth over 1.5 million But the seller is open to selling to a friend for a much lower pric...
Jonathan Roveto
Hedging against market corrections
Hey all! I have 4 SFHs and hope to get a couple more in the next year or so. I'm a buy/hold investor that generally gets a $350/month cash flow from properties (mainly saying this as to note that I don't invest based ...
Jacqueline Nguyen
Investing as a Realtor - How does commission with brokerage work?
Hi, I am a newly licensed real estate agent in Texas and have a few questions about buying investment properties. If I find an off market property, can I use the TREC (Texas real estate commission) one to four residen...
Natalie Kolodij
Returning yard in professionally landscaped condition?
Looking for some feedback....Our prior rental house we just vacated was fully professionally landscaped prior to us moving in because it was listed for sale. When they couldn't sell they decided to rent the property....
Jesse Park
Install A/C and reinstall furnace in my rental (Denver metro)
I purchased a 6bd/3.5ba home ($450k) in March, put $55k in reno, and I'm house hacking with two roommates. I'm looking to cash out refi next year.
I have a 12 year old furnace with ducting. With the summer season ram...
Clifford Pereira
Real Estate Professional (REP) Status guidance
Hi, my wife and I started an Airbnb in Sacramento, CA, this year and are new to real estate investing. According to our understanding:1) California does not recognize REP status, but we could claim it on our federal t...
Phillip Scalise
Do tou pay monthly Lawyer/LLC fees?
Hey guys, I currently work with Royal Legal Solutions, out of Texas, to set up my LLCs and deed properties into them. I’m charged a monthly fee to “maintain” them and $550 to deed the properties into each LLC when I p...
Jerome Morelos
Who pays for utilities?
Hey everyone,I'm looking into small-multifamily property to house hack here in the Inland Empire, CA and just wondering how common it is for the utilities to paid for my tenants?