Ross Spindler
Depreciate Duplex that increased in value
Hey everyone,
I'm pretty new to investment properties and am looking for some tax advice.... I bought a duplex about 2 years ago for $200k where I live on one side and rent the other side for $1500 per month. I also...
Lynda Evans
Discover the Real Life Impact of Residential Assisted Living
77 Million "Boomers"! 10,000 People turning 65 every day! 4,000 People turning 85 Every Day! Crazy numbers, right????The need is high now and expected to keep increasing. The demand is projected to double by 2031....
Tonya Thompson
Is this a good deal? Cash on Cash Rate? Annualized Total Return
Hi Newbie HereConsidering purchasing a 3br 2 bath (1136 sq feet) to rent in the Texas area (rural area near Beaumont, TX)Price = $59900Down Payment = 10% (through finance company listing it for sale)Interest rate = 6...
Justin Pumpr
Raising rent as a new owner with section 8 tenants - Oakland
Hi all,first time poster here. I've looked through some of the other posts and it doesn't seem like this has been properly answered, so I was hoping for some info.I am on the cusp of buying a duplex. One unit is vacan...
Catherine Frederick
Purchasing first condo but concerned with future negative cash flow
Hello everyone - I'm seeking advice:I'm finally at a point where I can purchase my first entry level condo in Los Angeles County. I will likely want to live in the home for two years to avoid long term capital gains b...
Jenny Bayon
Raising Rent to Fair Market Value
Hello! I recently became a property manager for single-family homes that have not had rents increased in over a decade and were low to begin with. My father-in-law is the owner and wants the rents raised, but is leavi...
Christy Philippoff
Would you take lower rent for a better tenant?
Hi everyone! We have a house we going to rent. We could get $1250/month. We have a couple that has rented from a family member of ours for the last 10 years. They’ve never paid late and kept the house immaculate. They...
Brian Buckley
First Time Landlord Question
I am in the process of purchasing an investment property, where I will live in one unit, and rent out the other two units. The upper unit is on a month to month, but the rent is $150 below the average rent in the are...
Roy Gottesdiener
House hacking math doesn't add up
On the podcast David keeps saying that house hacking is the easiest way to build wealth through real estate, advising to add one property each year paying 5% down.I'm theory it sounds great but in reality assuming you...
Scott Schreiber
Section 8/Rent Stabilization Impact on Potential Deal
Hi all,First off, I want to apologize to Account Closed for missing last night's meet-up. I really wanted to partake, but unfortunately got held up. I am working on a deal right now in Mt. Vernon for a 6-unit property...