Dave Ketcham
Cash-out refinancing as a tax strategy for retired owners?
A business partner of mine is in a partnership that owns an apartment building worth about $3M. They've been upgrading units as they've become vacant, which has reduced the monthly cash flow temporarily with expectat...
Joe DeLuca
HVAC Replacement from flooding
Hi All,So we got hit pretty hard from Hurricane Ida and need to replace two full HVAC systems in our Triplex. I understand that this doesn't qualify under the de minimus safe harbor exclusion.
Is there any way to wr...
Amy Zhang
Refinance rental property
Hi I have a rental that I don't have much equity in it. Interest rate is high 4.7% 7/1 ARM. I would like to refinance the property to get interest rate around 3.5% 30 years fixed rate. I will have to put in approx $15...
Jared Crocker
SBA Loans for Credit Card consolidation
Does anyone know if you are able to use the SBA to pay off higher interest credit cards? Seems like a dumb question but i do not know the answer. Any help would be greatly appreciated.
Rob Forest
Dog Urine and Crazy Repair Bill - What to do?
On my recent inspection of one of my units there was an insane stench of dog urine on the floors. A previously decent tenant had just let his dog have his way with the place. It's likely a serious health issue. He eve...
Sylvia B.
Depreciation recapture in this situation?
My son and I were having a real estate discussion this afternoon, and came up with a question that we weren't sure how to answer.If you have a rental house that is fully depreciated, and is then destroyed - natural di...
Jonathan Sher
Areas with a lot of HUD owned/foreclosures
I have been looking in the Saint Louis area for single family/multi-family housing. When I search HUD listings, A lot of the listings are in a specific area of town. What can this possibly forecast or mean? Is this an...
Account Closed
Commission Only Real Estate Brokerage
Hello All, My wife and I are new real estate investors in Houston and my wife is starting the process to get her Real Estate License. She has no current interest in actually selling retail homes, but is getting her li...
Jena Liberty
One larger park or 3 small ones?
Hi Everyone, I am new to mobile home park investing. I need some advice on whether it's a good idea to buy a few small parks or one large one. My thinking is maybe diversifying in 3 states would be a good thing in cas...
Joseph DiNardi-Mack
New Investor - Rental Deal Analysis Help
Hi all, my name is Joe DiNardi I am 23 years old and a fairly new investor from New Jersey. My parents own some rental properties in central Jersey which lead me to become interested in this industry. I am looking to ...