Shanice Waller
Washer/Dryer liability or leverage for higher rent
A property management company recently advised me to remove the washer and dryer in my rental stating this is more of a liability. If any damage is done to the washer/dryer or damage to property from washer/dryer, I a...
Xochitl Cadena
To discount or not? What’s your take?
Hello, I would love your take on an issue I encountered: Long story short last year my prior tenant asked me to reduce the rent from $2,200 to $1,800 and offered to do gardening and snow removal for the property. I in...
Sergio Alvarez
Help needed understanding the numbers
Need help analyzing this. Monthly cash flow is over $500, am I missing something?
Steve Lee
Should I continue to rent my apt or buy/mortgage a similar apt?
Hello BP!I will cut to the chase. I am in a dilemma and need some experienced advise. Right now I am renting an apt in CA for $1800 for a 1bd/ba. Now that I some money saved up, my plan was to put a down payment(FHA l...
Larry Landry
Adding Washer And Dryer
I just recently purchased a single family hoping to fetch 2k monthly. It currently does not have a washer and dryer. I was thinking of buying a pair used to give the house an added amenity to help entice renters. Is t...
Jason P.
Returning a deposit question after murder
So I have a duplex and a tenant had 4 friends over and one of the younger ones was playing with a gun and shot his friend in the head and killed him (all early 20’s) unfortunately. The tenant is moving out because o...
Michelle Au
Depreciation Expense Impact on Tax for Rental Property
My husband and I are deciding whether to sell our primary residence that have been rented out for 2 years or keep it as a rental unit. If we sell the unit now, it is still considered a primary residence (lived there f...
Bryan Calzadilla
Real Estate Investors: Any Tech Professionals Out There?
Hello Fellow Real Estate Enthusiasts, I am hoping this thread can get us tech professionals networking with one another and discussing our experiences in real estate. What drew you to real estate? How are you all bala...
David S.
Choosing between 5 Year Loan Rate vs 7 year Loan Rate
Any financial wizards out there?
I am in the midst of refinancing a small apartment building and taking out equity to be deployed in passive syndicated offerings...My lender has offered a fixed 5 year rate and a 7 ye...
Mariah Jeffery
REO Duplex deal
I'm in the Portland metro area. Getting cash flow in this area at all is difficult, and meeting the 1% rule is near impossible. However, I've been searching for two years and occasionally find something close.
Yester...