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Hello! My wife and I are in contract for our first rental property, a triplex! The current owner has had it for 21 years and is older so rents have not increased over time. The current tenants are being charged $425 w...
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I am a 29 year old male, married, with joint income living in Dallas. My wife and I bought our first home in Feb. 2020 for 360k (4bd/2ba), worth roughly 500k now. We were fortunate to save enough to buy a new primary ...
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My lawyer recommended talking to a CPA about my rental properties. I've never used one before (I've done the itemized deductions by myself once--last year, with Turbo Tax--for my rentals).
Do you typically have the ...
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Howdy! This isn't "My" deal, but I get to be directly involved, and part of the process. I am working part time with an HVAC contractor who has started remodeling 100 year old houses as a "hobby". It doesn't make h...
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Hi all -I'm sure there are all sorts of partnership arrangement options but wanted to get your thoughts on this one. I have a friend who lives in another state that wants to partner on multifamily deals. He is going...
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Hi Everyone, This is my first post so we will see how it goes. I would like some thought and analysis of a deal I am looking at. The property is a 3 family in a mid size city in Ma. The seller is offering financing ...
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I purchased a SFH in Cleveland, Ohio and I’m having trouble renting it out. It’s a 3 bed, 1 bath renting for $1100 in a C/B- neighborhood.It could use some updating, but otherwise rentable. However, my property manage...
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Hi all, after chairman Powells speech yesterday, it is clear that the fed is committed to fighting inflation by raising interest rates and selling bonds. This will have a negative effect on the housing market due to l...
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Excited to get started investing in real estate, but would like some advice on best first steps.
I live in a very expensive metro area, which is why investing in a different area is attractive. I am con...
Is it just me or everyone playing it safe? Recently I’ve been catch a ton of flack on this forum for suggesting things like:1) Maximizing leverage while carrying hefty reserves.2) Buying for appreciation in western ma...