Peter Massaad
Using a 1031 exchange to fund a buyout
I am day 7 into a 1031 exchange deadline. I own a different property (unimproved land unrelated to the exchange) with my father (50% ownership). Can I parlay my QI funds into an investment property I already own 50% o...
Taylor Kendrick
How old is too old? (or, what should I know about homes built in 1920?)
Hi everyone,
I'm looking at a variety of multi-family homes right now and I found an interesting MFH. All brick, built in 1920. Much older than most of the other listings I'm into but the rough numbers indicate it wo...
Buyan Thyagarajan
Checklist for checking homes during a property visit for buying
Hi Guys,I would like to know if you guys have a checklist that you use to inspect new homes as part of your buying process. Sometimes we don't have a contractor with us and so it would be good to know what things to l...
Mitchell J.
Water running continuously at multi-unit?
Hi all,
I have a water issue for a 3 unit building that I purchased over the summer. I got a notice from the city that the water has been running continuously. When the water & trash bill came, the last bill cy...
Leo Shilkrot
City objects to renting to college students
I have a 4 bedroom house that is rented to four college roommates. Suddenly I got a call from the fire department saying we didn’t have a fire inspection when changing the tenants last summer. The fire guy came, inspe...
J. B.
Circuit breaker with known issues failed, food lost. Property manager responsible?
I am a small-time landlord myself, but I have a relative who is a tenant in a very large apartment complex. The complex is relatively new, being only a few years old. The circuit breakers throughout this very large ...
Vince Ivanov
AZ remodel - cost to raise the roof
I’m looking at a house in Scottsdale but it needs some work. I’m trying to get a ballpark idea about the costs to remodel. The house is about 3400 sq, single level. One of the main issues with the house is that it has...
Jofre Olivero
I have a newbie question regarding BRRRR !!!
Hello dear investors, I have a questions regarding "Refinance" of the process BRRRR. I assume this part of the process is done with a financial institution and that there are credit metrics to meet to get this REFI do...
Rich Hupper
CPA vs Tax Strategist
I am trying to figure out this difference between these two pros. I saw a Youtube video about this topic. I am also concerned my CPA may not have enough knowledge how to save me the most in taxes, and or educate me on...
Julia Puig Jordan
owner financing - first time
Hello,
i have a property in Houston market up for sale or rent and think about adding owner financing as well.
The house value is $ 185.000.
How much would $ you recommend for downpayment, for expected appreciation...