Chris M.
Comparative market analysis in negotiation
I'm very interested in buying a condo listed at 109k.
The market analysis shows what appears to be an identical unit that sold for 94k in 06/2016. The unit was on the market for 50 days and is a first floor unit in ...
Noah Weitzman
Principal Payment Quandry....
Hello! Thanks for reading this and for the help. For all you short term rental owners out there, when you are calculating your return (cash on cash) are you including principal as an expense, income, or deferred until...
Tosin Oluwatoye
Switching utility bills to tenant upon new purchase.
I am currently considering a 10 unit (5 duplexes) purchase where the current landlord is responsible for all utility bills and does not have a cap on usage written into any of the leases. Fortunately all 10 units hav...
Mike Dorneman
Protecting your personal assets
The strategies for protecting / separating your personal assets from your rental business sure can keep you up at night!
I’ve been investing for just over 18 months now. I’ve purchased 11 properties and BRRRed each ...
AJ Wong
Why, How and When (Not) to use seller concessions or rate buy downs for acquisitions
Seller concession, or no seller concession? That is a question.
What is a seller's concession, some may ask?
A seller's concession is a portion of the transaction that the buyer finances, with permission from the ...
Joseph Puthusseril
Water bill too high
Watebill is $300s /mo. For a 3 units building.best way to reduce?
AJ Wong
Three alternative creative financing solutions to get a lower mortgage rate
Historically, residential US mortgage rates are near their long term averages. I remember in 2003 when rates were in the 5-6-7% range, albeit with more aggressive mortgage terms available to almost any and all borrowe...
Karl Sivert Skatland
Review of investment worksheet
I am trying to create an investment worksheet that will give me a quick overview of a potential property investment. My question is how do I account for the principal paid on the mortgage? The worksheet is attached in...
Lucy Bennet
Tax Reporting Question
I'm trying to save on taxes but wondering if this method is correct. Can someone help?I have rehabbed and sold House A in April 2020 and House B in May 2020. I have purchased 2 more houses (House C and House D). Have ...
Alejandro Tirso
First Rental Property Success
Hi All--I began delving heavy into real estate about 12 months ago after attending a "Ride Along" with a successful real estate investor in Philly. I learned a ton and took a bunch of value from that day, and somebod...