Mark Douglas
Not Sure What The Best Option Is
Hi all, I'll keep this brief.I've got a 4plex in Clarksville that I bought in 2017 for 195k. I recently got an offer to sell it for 520k. After the mortgage payoff and realtor commissions, I'd clear roughly 320k.I'v...
Brandon Hall
First Apartment listed for rent
Hello everyone, I just recently listed my first apartment for rent (1 of 2 coming online shortly). This will be my first BRRRR deal ( I sold a flip last year and have also done several wholesales). I have been involve...
Nathan Beaman
Renting a home with Multiple dogs.
I have three Siberian Huskies, all certified emotional support dogs. Im looking to move from Erie, PA to somewhere in AZ. Currently looking for homes for rent in Arizona. No specific city at this time.Anything would ...
Walker Seid
Taxes
Lets say I rent a house out for $1200/month. My mortgage is $560. Expenses are (taxes $150, HOA $30, Ins $25) $205/month. Do I pay taxes on $1200 or just $435?
Robert Allen Lin
Should I invest in subdivisions within master planned communities
Most of my searching efforts were primarily focused within the loop in better neighborhoods. Problem is, most of these investments are negative cash flowing assets. Given the uncertainty in asset and debt markets, I'd...
Oren K.
Bank Statements & IRS Forms in DD??
As a Canadian looking to invest in commercial in the US, I (not surprisingly) do a fair bit of reading on the topic. According to a number of books / articles, it is NOT uncommon to request several years tax returns a...
Samuel Chua
Why are some properties rent higher even though they are cheaper
I was wondering why a property of $70k can rent for $850 while a property of $85k also rents for $850 assuming they both are fully rehabbed. It would be amazing if someone could enlighten me on this. Thanks!
Kyle Scofield
Roth 401k vs Traditional 401k
I'm working a W2 job right now and my employer offers a match in their retirement accounts. However, I was wondering if it would be better to invest in their Roth option or traditional option if I know I am going to b...
Jimmy NA
Verify Rents before Purchase? What to do with realtives?
1) I have a 6 unit property I may make an Offer on. The landlord had leases but all the leaes have long expired. So, technically they are Tenants at Will or "month to month." How do I verify the "real" rents? The o...
Michael Bronson
Financing question for Massachusetts Multi-Family Investors
Hi everyone,I'm new to real estate investing and my local market is Boston, MA (don't even get me started on prices here).I plan on living in the house and using a residential mortgage. For cash flow purposes, I would...