Economic Update
(Monday, November 23, 2020)
When COVID-19 arrived, all of us were confronted with an unexpected pandemic that upended the plans we had for 2020. But the pandemic is only part of our story. Whe...
Hi folks - long time reader here.My wife and I are scoping out a SF property in Somerville. It has the bones and sq ft to be converted into a multifamily though we have a limited understanding of the MF conversion pro...
So I will begin by saying I have already spoke with my CPA regarding this. I am here for second opinions from other wise investors and CPAs. I purchased a home 9 months ago to live in with my wife. Shortly after I bou...
Hi there! I am looking to buy my first home and I'm more than terrified. I'm 28, female and live in San Diego, CA. My parents have been pushing me to buy a home for years and I just haven't been ready. I pay $1300 in ...
I could really use some advice from the community!I was working with a friend as a backer on deals here in Hawaii and put down some earnest money on a bank owned property deal I got for 500K. When it came time to put ...
Newbie here. My HVAC needs to be replaced in my primary residence condominium. It’s still working but it needs to be replaced in the near future because it’s old. I plan on moving out in six months and renting it out...
In December I bought my wife a new car for Christmas. The price of an average new car in 2014 was a bit over $30,000, but I bought it for only $10,000, and it’s newer than new. It’s a mid-size vehicle, and although ...
First, a quick background on my situation. I own a condo in a ten unit building. There were plans for additional buildings but the developer ran out of money and the property is currently going through foreclosure. Se...
So here is my scenario. I own an investment property in Louisville, KY and I am looking to acquire adjacent parcels (specifically 2) in order to develop and build 50-70 units. I have made contact with adjacent prope...
Hey everyone,
I closed on a 3-unit house hack in Chicago early last month and provided one of the MTM tenants notice of non-renewal of their lease. We ultimately both agreed to a move out date of June 11th and I have...