Patrick J Leary
Converting a condo from personal to rental use
Because of a need for more space I have moved from a one BR condo I have owned for the past 12 years. I am seeking tips on the tax and administrative aspects as depreciation schedule of placing it for rent.
Nicolas Saavedra
Would You Go For a Single Home or Triplex?
My parents and I have acquired a piece of land in a good neighborhood AND inside a small gated community of eight parcels. Four single homes have already been built for $90k each and are selling for $180k. We have the...
Kees Boer
What to do with already bought Condos
Hi, you all. About 2 1/2 years ago, I got a inheritance from my dad's passing. Though I would rather have him than the inheritance. But he's fine though. So, I invested in 3 condos. In the mean time, I became a direct...
Tara Griggs
Buying Condo in HOA Litigation
I am interested in a condo in a high-rise on the beach. There are three units for sale, one on the eighth floor, one on the fourth floor and one on the first floor. The one on the eighth floor and the one on the four...
Dawn Anastasi
Another Rental Property! (This time a townhouse)
Okay, so I just posted back a couple of months ago regarding a 3 bedroom single family I bought on July 15th. But, I had the opportunity to buy a 3 bedroom townhouse.This deal actually started back in May! I visited...
Account Closed
Money down on 4/4 Condo in Raleigh? New investor.
I'm a brand new investor looking to acquire a condo near the university that my son attends. I found one that's at 4/4. I am currently Inquiring about more information on it. It appears that each room rents for $450....
Zack Berridge
Should I purchase if HOA is soon to ban STR
I'm interested in a townhome in a great location which is currently used as AirBNB. Listing said AirBNB use is ok per seller, so I contacted HOA to verify. I was told the HOA restrictions are currently being re-writ...
Justin Kelly
HOA dealings
I have purchased an owner occupant condo in a HOA. The HOA is at capacity for rentals set at 10%. I am first on the waiting list to rent but will have no way to know when a spot will open. I would like to buy anoth...
Brian Dudash
Condos vs SFH Comparisons
For some reason I didn't think to look into condos in my area but based on my numbers, it looks like getting condos is better than SFH - whats the catch? Now for the great debate!
Googling around, this topic is talke...
Albert Hepp
Changing HOA Rental Rules-Banning leasing
I own a great investment property in a condo association, and the board is a rule proposing a cap on the number of units that can be rented/leased.
Can anyone share experiences in fighting/persuading the hoa board or...