Hi All-
So I purchased my first rental property 2 years old. New construction townhome. My question is about Tax write offs. So my account has told me to not take the yearly depreciation on the property for my taxes...
I have an offer approved for a short sale and am just waiting for the final paperwork. The seller wants to stay on in the house and I have no problem with that, The bank contract says they must leave. How earnest a...
Anyone have opinions on what would be an appropriate discount rate to apply to a lease valuation?Subject lease is a new, 30 year lease for a 15,000 sf building with Walgreen's as a tenant.Comments appreciated.
HiI am in the midst of a rehab in Sacramento. The goal is to fix the place up and sell it. The work includes electrical update, plumbing, new kitchen, new bath, removal of one interior wall and addition of another int...
I'd like a response to this scenario, the numbers are for example purposes but the scenario is real for me.If I have 400k to invest, should I buy 1 property outright and just rent it, or should I leverage the money di...
I'm hoping to get some input on a 6 unit multi. 6 Units, 58K asking priceGross monthly income = ~2500-2800, tenants pay gas and electric.Separate HVAC, separate electric meters. 1 large water heater for all. 8 year ...
Some friends and long-time roommates of mine have decided that we want to buy property in SF, and eventually decided on multifamily as it looks like we'll get the most sqft/$ that way, as well as individual units.
Ou...
Alright- so interesting news. As I've mentioned before - I bought a duplex when I first got started, and later discovered this was once the childhood home of Kurt Cobain (see How I Accidentally Bought Two of Kurt C...
Hey guys, I wanted to ask a couple difficult questions that have been stuck on my mind. Apologies if these have been answered somewhere already (they probably have)1. Say I own a house outright, and then use that equi...
Hello All! Any like minds in smaller houses?
In Austin the market is about to open up, exciting times. How does one get a good financing program for buyers?