Maura Paler
Conventional Loan - Apply to 2 Banks?
We are in contract for a single family investment property (vacation rental). This is our 4th VR investment property, will be our 3rd mortgage. We have been pre-approved by one bank (which is no guarantee of a loan we...
Robert Walden
Home Repair Cost Estimator (and Takeoff) Software Recommendation
I've read a number of inquiries on this forum from investors asking for recommendations on "Cost Estimator" software for flips. Unfortunately, most of the replies I've seen on here tell people to read books, learn all...
Thomas O'Donnell
Need Some Advice for a Potential Tenant That Approached Me
I currently have my duplex listed on multiple sights and it has been for about a month now. I have had some leads but most of them were either section 8 or did not meet one or more of my minimum requirements. I recent...
Mike H.
Depreciation does not cover rent. (50% land). Help
Hello,when I make the cashflow spreadsheet of almost any house (SFH, MF) around here (San Diego, California) I cannot manage to deduct enough taxes to cover rent. Am I doing something wrong?Most of the properties here...
D Mack
Seller wants to avoid an audit!!!!!
Im in the process of getting a duplex under contract. The home owner and I agreed on a price of 25,000. But he says he wants his money in 3 separate checks (9k, 9k, 7k). He says he wants it this way, so he's not audit...
Shannon Cannon
How much to pay yourself from a flip?
Hello! We are about to close on a flip, and it's the first one that we set up as an LLC with S-corp tax. It is my husband, myself, and a partner as members of the LLC. How much can we "pay ourselves" from the profit...
Kent Estep
Intro, LLC banking question and financing question
Quick intro, current SFR investor who just jumped into apartments---a 16 unit and a 12 unit. I have a great management team so I'm not as nervous as you would think. Anyway, a quick banking question. I have my busines...
Rachel Reese
Duplex Property Analysis....Opinions?
Hey everyone! My boyfriend and I are working on getting our first deal in South Jersey. We want to put an offer in on a duplex that we would like to house hack for the first year. Attached is the spreadsheet where we ...
Ralphy Rosado
investing in lower income areas or middle class
good evening everyone I am investor from Brooklyn NY. I invest in Rochester NY and I'm looking to get my second property what do you guys think is my best next move. Invest in the lower income area where there high re...
Matthieu Newton
Move in Punch List from contractor
Hi, I've moved out of state and turned my previously self-managed rental in Baltimore into a property managed rental after the tenants moved out. As part of the process for getting a new tenant, they sent a contractor...