Sharad M.
Create a reserve?
Hello all,
The last few weeks I have been busy with rehab work on my properties and getting them ready for tenants. One question I am struggling with implementing the 50% rule. I am not sure how to go about it.
One...
Arsalan Augend
Acquisition time for RE Professional Status
I know acquisition time or commute time do not count for 500 hours material participation in rental properties but couldn’t find any regulation saying they don’t count for that 750 hours total RE involvement. if that...
Wayne Yahnke
2nd Mortgage Payment doesnt work in the numbers
Good morning BP!I’ve been crunching numbers on multiple buy and hold rentals as well as brrrr investments in my area and I continue to have trouble getting deals to cash flow with the 2nd mortgage Loan Payment (down p...
John Carter
Will the 1% rule always exist?
whether it's a sfh or a mfh will the 1%rule always exist? I mean you need to buy property no less than 150k to get the 1% rule, and as inflation occurs property values rise. I'm just wondering say in 20-30 years will ...
John Hylton
Capital Gains primary residence
Hi guys,
We bought a home last year (essentially a long term flip), and we decided to make it our primary residence for a bit. The reason was two-fold; it met our current needs as well as would keep us from paying ca...
Burte Lkhagvasuren
Had THE WORST renovation experience with rental property!!!
NEED ADVICE!!!Hey guys, I'm in a bad situation and need some advice. Three months ago a tenant moved out who was rough on my rental house in east LA. At the time I was living in Ohio so a real estate agent and Airbnb ...
Matt M.
Adjusting Comps to Determine ARV
In my area, you rarely find sold comps that are similar to your subject property. Either they're very different in sq ft, style, too far away, etc. As a result, you almost ALWAYS need to adjust the comps in one fash...
Paul Malandrinos
Transfer newly acquired investment property into my existing LLC? Why or why not?
I have an existing LLC that was used for a couple of fix and flips in the past. A week ago I closed on my first investment property. It's a single-family condo purchased by me the individual with conventional financ...
Jeff Martino
"On-call" property management for weekends, vacations, etc.
I'm searching for a multifamily property to househack at the moment and this is a question that's been on my mind. I see the benefits of managing your own properties at least in the beginning of your investing journey...
Jonathan Everett
Help understanding NPN
I'm new to all of this, can someone help me understand exactly what a non performing note is? What exactly am I buying, and what are all of my options when selling? All help is appreciated, thanks!