Account Closed
When and how to refinance out of an FHA
Hello everyone!
I used an FHA to purchase a SFH that I house hacked in back in July 2020. But for career reasons I needed to move to a different city and am currently renting out the house. I have just a few questi...
Stephen Pace
Investment Properties
Hey BP!I'm trying to find the best and easiest ways to calculate if a property is worth the investment. I have been looking at all these videos, webinars, and excel sheets. Im open to all ideas and tips y'all have for...
Jasper Cooper
How do you hire your kids?
Hello,After hearing about it on Tom Wheelwright's podcast, I want to hire my daughter to help out with our real estate business. She is a mature 7 years old, and would do great at cleaning the hallways and common are...
James Kovarovic
Texas and Bexar County-compliant Residential Lease Agreements
Hey all! Was wondering what many of you self-managers of your properties use to construct a Residential Lease Agreement and a move-in/move-out checklist. I found a few online, but wonder if I should build my own and...
Richard Chang
Replacing Floor Furnance Tips with Ductless Mini Split
Hi again,
I have an old 1950's home ( in OC, Ca ) with a kaput floor furnace. :(
I don't really need A/C but I thinking of using the
a wall mounted Ductless ( Mini Split ) Heating / Air Conditioner with an external...
K W
50% rule - cash flow question
I've been using the Property Analysis sheet provided by this forum to analyze properties. When you say a property cash flows, and you want $100 per month per unit (in general) are you looking at the line "Cash Flow Be...
Brenda Pommer
taking a property out of a roth
should i make improvements before i take a rental out of my roth ira
Jav Caprietta
Tenants moved out with minor damages
I just had tenants move out after a one year lease. For the most part the house is in good condition but there are a few areas that were damaged. Two sliding closet doors are missing, there are holes in the wall that ...
Andrea Chacon
Investment property with alterations (add room and bath) but no permit in Florida-
Hi everyone, we have a property under contract but we just got informed that there are alterations done to the house without appropriate permits. How hard will it be to bet appropriate permits for the alterations (2 r...
Jamie Brayton
Standard deduction and rental properties
Can anyone shed light on how/if taking the standard deduction impacts rental property deductions? I run an unrelated business from home as a sole proprietor that will be impacted by the change, but my understanding is...