Randy Smith
My Personal Passive Investing Strategy
The evolution of my passive investing strategy has changed over the past few years. As my education and confidence grew in the space, my strategy adjusted as well. In the following article, I will walk through some ...
Rob Hendricks
Do carrying costs increase cost basis?
I'm having trouble finding a definitive answer on this. Assuming I purchase a house with the intent to fix and flip in a 6 month window, do the carrying costs I pay increase my cost basis, such that my taxable profit ...
Siqi C.
Can someone help me on the tax rate
I am trying to get my head around the tax rate. This website is very usefulhttp://myplace.cuyahogacounty.us/But I can't get around the numbers I see there. For a property in Shaker Heights city, the tax rate is 4.01%,...
Bradley G Fagg
Are landlords really having to drop rents.
I read an Article and it kind of made me think twice about buying a rental property anytime soon. Since I'm new to the game and live in a place called Utah where we live in a bubble that has a 55K unit housing shortag...
Mary Lopez
How to find a Commercial Multifamily Loan <$1M
I'm looking to purchase my first 10-unit apartment building in Ohio. I live in California, so I am not familiar with the local banks in Ohio. I did reach out to 1 local bank which was recommended by the listing agen...
Dwayne Jelks Jr.
BRRR Method Question
I’m currently reading the BRRR…method. On chapter 1. David Greene mentions that to see results using BRRR…you have to increase profits and decrease basis. Can anyone explain to me what he meant by decreasing basis? Th...
Melissa Delgaudio
Section 8 fair market rent amounts
Hi. My friend is considering renting to a section 8 tenant. If she rents at the fair market rent now could it decrease in future and then get a lower rent from section 8?
Michael Wintermyer
Looking for tips adjusting comps when determing ARV for a rental
I am in the beginning stages of learning about real estate investing and educating myself. One subject/topic that I am currently focusing on is analyzing a property--specifically rental properties. I have a basic unde...
Brant Jones
California housing market decline - indicator of things to come?
"April's sales total was down 25.6 percent from the 373,070 level in March and down 30.1 percent from a year ago. It was the first time home sales dropped below the 300,000 level since March 2008, and the month-to-mon...
Nick G.
HOA increasing townhome dues for insurance policy
Hi Everyone,
I own a townhome in a community with an HOA. Recently my quarterly dues went up from $525.00 to $676.00.
My HOA informed me that this will be to cover insurance for the townhouses and shoul...