I wasn't involved during the last crisis, what is to be considered when using a BRRRR model?My thoughts:- There must be a certain cash flow rule of thumb that will allow you to reduce rates if needed to avoid vacancie...

Hi All,  I've never used this analysis forum before and thought I'd give it a try.I'm looking at buying a duplex and living in one of the units while renting the other.  The unit is in a great part of town (Sioux Fall...

I've been looking for an investment property for about 2 months now in a vacation area that is about 3hrs away from my city. It's overall a good area for STRs. I found a house that I think has potential - AirDNA is es...

In publication 527 it says:"The following are settlement fees and closing costs you can’t include in your basis in the property.

Fire insurance premiums.Rent or other charges relating to occupancy of the property b...

Hi All, I'm sending out a lease renewal letter to my tenant soon. I'm considering reducing the rent in exchange for a longer lease. We have a really good tenant. The current contract is $1400/month for a one year leas...

I have looked everywhere and cannot find the answer.Suppose the contracted rent is $1000 and at the time it is considered fair market rent. Now suppose 1 year later the rental market tanks and fair market rents are $5...

We have a new family we have approved who appear to be excellent tenants. They have asked if we would be willing to decrease rent by $50 per month if they signed a 2 year lease. Is this worth it? This is our first lon...

Hi all,I have a 7 year old, top floor condo unit listed for sale. The month after the realtor listed it, the tenant said there is water damage in the ceiling. I notified the property management company responsible for...

What does it say about a particular market when the rent to price ratio is higher for single family homes?

I’m in northern California and am looking at several markets on the outskirts of the bay area.

One of them ...

Old 150 year old duplex in Connecticut, bought a LG washer/dryer combo unit for the 2nd floor bathroom, I know, sounds like a bad idea. Had water hookups but no exhaust so wanted to include this washer/dryer for the r...