Chris Oswald
Guidance for my first deal.
I am starting to very seriously discuss my first deal and I want to make sure I am not getting into a bad deal or over my head. Was looking to start with a fix and flip and use returns for a down payment on a multifam...
Mark D.
East Boston / Chelsea
I currently have a couple buy and hold rental properties in the North Shore of Boston. However I'm thinking it might be a good time to buy and hold in East Boston (eagle hill) or even Chelsea. The thing is that I've n...
Neil Quinn
Modeling expenses & capex, best ways to estimate?
Hi all,I'm looking at buying a primary residence with a goal of renting it out when I leave the area. This is a high COL area though (DC/NoVA), so trying to get a rough sense of how much negative cashflow I'd have wh...
Yulia J.
Rent increase for inherited tenants at low rents
We've just got a triplex. My family and I are living in 1 unit, and we inherited month-to-month tenants in the other 2 units. They've been renting here for 7 years or so, no trouble. Their rent is very low - they are...
Kebron Girma
How to pay less on Capital Gains Tax if over the age of 62.
Lets say I bought a bought my rental property 10+ years ago for $300K and it's now worth $1Mil plus. I have a mortgage of $400k+ and want to sell it for what's it's worth now. How can I save on capital gains taxes and...
Karen Margrave
Architectural Design Costs - What and how do you pay?
For those of you doing new construction, do you use an architect or a drafts person for your your designs? When you start the design, do you know the style you want or does the architect make those decisions? What do ...
Bienes Raices
Something to think about before using small, local banks
Thanks to the advice on this forum, I was able to get a cash out refi from a small, local bank in my area when no one else would consider me, which was fantastic. Subsequently I opened a bank account (in my LLC's name...
Ricky Stafford
Where to find duplexes?
Hi.I am interested at swooping up a vacation rental style investment in the shape of a duplex that would also double as a long term rental should it be necessary. I would live in one side. In most markets I have looke...
Keith Schulz
Renting Back To People In Foreclosure.
I had somebody that called me today who is in foreclosure, and there's no way they can get caught up on payments. They tried a loan modification and a refinance, and couldn't get either. In any case, they owe $170,0...
Jacob Breazile
First Duplex Purchase
Happy Wednesday everyone! I've just finished going through the prequalification process and am getting ready to purchase my first MFH. I have spent a lot of time reading through guides like Brandon Turner's How to Est...