AJ Wong
Banking turmoil..is a housing credit crunch coming?
By now you might have heard that a few financial institutions in the US and beyond have run into some difficulties..Somewhat counterintuitively the implosion of SVB bank and the downgraded risk of other regional and i...
Shyam Subramanyan
Cost Segregation for STR properties acquired in 2018, 2021, and 2022?
I have three STR properties that my wife and I have self-managed but from a tax perspective we've only taken the normal depreciation the last few tax years. However I am wondering if I can do cost segregation for all ...
Kenneth Garrett
Lease Option Considerations
Looking at a Lease option to purchase and will rent out to my tenant. Anyone have experience with these types of transactions? Option fee is 10,000 for 125,000 purchase. What is typical length, does payment apply t...
Joe M.
Vouchers other than Section 8
The first two people to call on the house I have up for rent both had vouchers of some sort. Not section 8 vouchers though, they were from local charity organizations.
I've clearly advertised that this is not a Sect...
Francis Branagan
How to take on Investors
Hello I am an active reader but this is my first post. So I currently own 4 rentals, looking to continue purchasing them. I have also had success with 2 flips recently. I am looking to continue to do flips and purchas...
Christopher Olson
When Medicaid takes someone's home...
Question...
With all these new people on Medicaid, what happens to the properties they take?
For people on Medicaid, the 10 states that plan to go after your estate’s assets are: California, Colorado, Iowa, Massachu...
Mario F.
foundation issues very common in LA?
Hello, I keep confronting foundation issues with properties I'm interested in throughout Los Angeles. My agent said that it's a common problem here in socal so I was wondering what your thoughts were on this. Should ...
Ryan Barr
FHA Pre-Approved: How To Increase Loan Amount?
Struggled with the title. Like the title says I was pre-approved for a $235k FHA loan without a property in mind. Theoretically, I find a duplex worth say $280k, with a tenant in one side paying rent. I go back to the...
Marshall Zakarian
What's your opinion on this 7 unit Multifamily ( multi-family)?
I’ve been presented a off-market opportunity 8 unit multi family building in Clawson,MI. The rental roll revenue for 2015 was $51,040 and 2016 was $52,274. The NOI for 2015 was $33,322 and 2016 was $29,313. The owner ...
Andrew Starkey
Scared Property Will Not Rent?
I have a general question about renting properties. I have a condo near LSU which is fairly easy to rent out every year. However, I'd like to expand my portfolio and the thing holding me back is the fear of the prope...