New to renting, looking for advice.
Single family home valued around $1.1m. Roughly $510k owed. Converting it to a rental projected to rent @ $4500 monthly. Currently monthly is $2800 monthly on a 2.65%. Property Man...
We have a LTR about 2000 miles away from us. We have been managing it ourselves for about 3 years with no issue. We recently had a tenant leave after six weeks of living in the property due to work. We would like t...
So I have a hypothetical situation:
Lets say a properties ARV is $550k,
Repairs are $75k,
And Wholesale Fee is $10k.
Using the mao formula:
$550,000*80%-Repairs-Wholesale Fee = MAO of $355k
When I am making my...
Good morning and happy 2023!.
How do you analyze a market for potential rent and desirability?
I'm analyzing an MTR market in Arizona, looking for potential rent and desirability and I'm getting some mixed signals...
As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...
Most people know about the STR RE professional loophole. If you are developing ground up construction and have another w2...would that qualify yours a RE professional?
The guy says he wants 15k for a 4br house with basement. I checked on it and he took out two loans on it from the bank totaling 15k. If I decide to put it under contract with him, how do I ensure the money he gets goe...
I wanted to get a sense of what metrics you would find valuable in determining the overall health of your rental empire when tracks from a long-term perspective after purchase. I look at:NOIDollar per doorThe average ...
Once the seller has completed all the work that they agreed to get done based on the inspection, do you typically have the same inspector do a follow-up inspection (beyond photos provided by the seller) to ensure the ...
Are both a Promissory Note as well as a Deed of Trust needed for a small private loan (~10% of single-family house cost)? I've gotten two "yes" and two "no" responses regarding the need for a Deed of Trust. All four...