Scott W.
Depreciation items
I had to replace some windows for my rental last year. Believe it or not, I couldn't find much info on google except the IRS website had a Q&A stating windows must be depreciated over 27.5 years! I thought, "Since...
Jameson Hooton
15-year or 30-year for rental property?
Hey guys! I'm new here, just trying to learn.I've heard some people recommend getting a 15-year mortgage because it drastically cuts the amount you'll pay in interest. (This is always advice given in relation to a p...
Peter Sik
92301 air filters must be purchased through PM
I have a rental property in area of 92301. I tried to Amazon my tenant air filter 3 times a year. My PM said " the air filters must be purchased through us by the owner or the tenant due to Fair Housing laws." I never...
Account Closed
Turn-Key Real Estate Investing Company?
Does anybody use any turn-key REI companies to purchase their properties? Yesterday I visited a company in the city (Philadelphia) that specializes in acquiring properties and selling them to investors, taking care of...
Erick T.
Bank willing to lend purchase price and rehab costs.
Hello, I’m under contract for my 3rd property, a REO. Its a financing and my lender wants an appraisal. Problem is, we are finding issues in the house. For one, the plumbing froze in a few spots and the lender wants t...
Chris Hames
With present market conditions how do investors determine to buy sfrs or multi family?
It seems like the hedge funds are focusing on sfrs in the hopes they can get good rental income and wait for the homes to appreciate. Is focusing on sfrs the best strategy under current market conditions? What would...
Kim Hopkins
Mathematical Connection Between Debt Terms & Cash on Cash Return
After over a decade of doing this, I still don't understand how the debt terms directly affect the Cash on Cash return of a deal. For simplicity, define CAP Rate (:= NOI/Purchase Price) and COC (:= Cash Flow/Total Cas...
Luis Herna
is wholesaling in texas legal without license?
I read the wholesaling is legal in Texas but what are the restriction. Can someone give me some advise? also how can I market deals as a wholesaler in social media? For example, is it legal placing the following state...
Cassandra Brown
Driving for dollars cold calling: what to say or avoid saying?
Husband and I are looking to flip a property in order to gain capital and begin BRRRRing. Going to do some driving for dollars and call some landowners to see if they’re considering selling. Obviously we are targeting...
William D.
Do 20% Down Payments on Rental Properties Still Exist?
Do 20% Down Payments on Rental Properties Still Exist?I'm being told by multiple brokers/agents that "they" raised the min down payment on MFR to 25%.True or False