Brandon Cronkhite
Debt to Income affects with Rentals
If I buy a rental property with a loan, create positive cash flow with a rental, does this reduce my ability to then get another loan for another property? I’m just getting started and trying to create a strategy beyo...
Anthony Alexander
IRRRL Refinance now - still able to refinance VA to conv. later?
Used VA loan to buy a place in April of this year, heard about using the IRRRL to reduce mortgage payments after owning the place for 6 months. Seems like a no-brainer, if the numbers work out. My question is if I do ...
Dave B.
Pondering seller financing vs. lease option vs. selling outright
I'm struggling to find out best way forward with one of my rentals. I have a rental in AZ that I've been renting to a couple for 6 years now. Their lease is coming due and they reached out to me if I would be inte...
Pratap Koppula
Uncovering the Magic Number that Makes or Breaks Your RE Strategy 🎁
Operating income is a key 🔑 measure of success for a RE 🏨 strategy. It's the net income generated from the operations of a property, and it can make or break your RE strategy.
1️⃣ Rental Income $2,4002️⃣ Expenses $1,...
Isaiah Turner
COC Return Question!
Hello all, Lately I've been studying and trying to better understand the analysis of rental property. I understand that the formula to calculate COC return is: COC = Cash Flow/Investment basis. Part of the investment ...
Sam Leon
Property Taxes Sucks!
It's property tax time again.I don't have many properties, so far including my primary residence I have six. But the property tax bills add to more than $20,000.On the bright side, it's still less than my insurance.S...
Po Hsiao
Can i switch from active participation to not active
I have read a lot about advantage of claim "active participation", but no article about any pros on NOT claiming active participation.I have placed a couple of properties in service in 2019 and will have a loss that c...
Isaiah Cuellar
Buy and hold tax benefits?
What are all of the possible tax deductions when claiming a rental property? And assuming I have a rental property paid off, and I have a W-2 job, do I save money on both taxes? Or one or the other? Also is there any ...
Jordan Grimstad
Aluminum vs. Steel Gutters? Seamless vs. sectional?
Any perspectives on what gutters offer the best tradeoff between durability/reduced maintenance and value-add for a single story SFH? I plan to hold + rent the home for 10+ years, and I'd rather not have to spend a lo...
Jeffrey Johnson
How To Handle An IRS Lien On Property
Have an interesting opportunity we are trying to make work, wondering if anyone out there has ever dealt with something similar....Met with a seller who has a property set for foreclosure auction on 6/5/18. She owes $...