Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $408,000
Cash invested: $40,000
Another house hack, but with a twist! This one I did not house hack for a lo...
I have heard and understand the basic idea behind the Master Lease Agreement, but for some reason was never able to visualize the picture. I have a property in mind that would be the ideal scenario to use the MLA, jus...
Hi everyone,
My building (condo high rise) started implementing a fee called "lease fee" two years ago. Its $500 per year.
They passed the resolution. Can this challenged or negotiated in some way?
I own one ap...
Hello,
I’d like to know your thoughts on 1031 exchanging a cash flowing property (purchased 3 years ago and over 1% rule) for a better property in a nicer area. The nicer area will certainly not cash flow as well wi...
We purchased a significantly distressed rental property in Austin October of 2023 and were hit with a huge (3x) property tax bill at the end of the year. The previous owner had an "over 65" exemption. We submitted a p...
My S.O. and I have an opportunity to start an Airbnb, but want to make sure we understand the best steps to take under the given circumstances.
The property is a newly built 1 bed, 1 bath loft apartment above a deta...
Looking likely that many lenders are going to offer Mortgage Forbearance such as reducing payments for a few months or suspending payments for a few months. Landlords may lose some rent or need to allow delayed rent p...
Hello everyone,I recently came across an opportunity with my dads house and I’d like to get the perspective/guidance of more seasoned investors. My father, is getting sick and is giving me the opportunity to take over...
Hi guys, I have been looking at this deal. Its a duplex, listed for 48k. Combined rents for 1300. Owner paying water,sewage, and garbage. Taxes are 800 a year. C+/B- AreaThe numbers sound great, but I walked through t...
I was recently contacted by the owner of the duplex across the street from mine, he's sick of it and wants to sell it to me owner contract. The asking price is about 15k under market and the terms are 10% down payment...