Eddy Jerez
Depreciation of a Rehab - No depreciation on added value?
I was doing my 2019 taxes, and my accountant says that the added value of my condo investment cannot be depreciated. Say What? I bought November 2018 for $215k and rehabbed. Been renting very well for short term occ...
Brian Warren
Need help with valuing multiunit property !!!
I had a deal in front of me and need help determining if this is a good value....
It is a low cost low income building.
I have a break down of all the numbers but I’ll just throw out the basics
Gross rent is $234,000 ...
Dennis Nemitz
Raising rent
If I wanted to raise rent $200 per month to get price up to market level, is it best to do it in increments of $50 per month, or all at once?
Vannak Kann
Renting home to parent at low cost
Hi All,
I recently purchase an investment property, but i rent it to my parent at lower price, not at a market rent value. My question is:
Can i file my tax under a rental property, the reason is that ...
Cp Rahaim
Proforma and Making First Purchase
I am creating a proforma to analyze deals. I am looking to buy my first property and need some advice on metrics. Do you look for a certain cap rate? Cash on cash return? NOI? Appreciation? Also, do my numbers l...
Eric Fitzgerald
How Do You Manage Your Money?
Hey everyone,I am graduating college in a week or so, and want to be prepared to budget effectively as I start getting real income for the first time. I'm curious as to how you manage your money, any apps you use for ...
John T.
Letter: No, I can’t rent to you for less than my mortgage
Interesting letter from the VailDaily:
Letter: No, I can’t rent to you for less than my mortgage
Opinion | May 8, 2022
This is to the renters and keyboard warriors out there from a landlord. A number of years ago, ...
Esther Thomas
What would you do if this was your tenant?
Hi Everyone,
There's a property I'm considering, a duplex. Currently one side is rented out to a long term renter (he's been there 10 years). He pays under market value and in fact negotiated a cheaper rent...
Rusty Thompson
10% off at Home Depot & Lowes
Today I had to change my address. I used USPS's online service. To my surprise at the end of checkout they gave me a option for coupons... hmmm Home Depot & Lowes you say.... So I printed them out.... 10% off of y...
Joe Latson
SFR Acquisition Strategies
During supply-constrained cycles like the one we’re in currently, being good at sourcing can be one of the most value-accretive, yet challenging, aspects of real estate investing. Not only must investors move quickly ...