Jaago Viitkin
Liens After Forclosure
I am bidding on an auction in Miami Dade and Broward County Florida.I know if the bank owns the house, but it is vacant then the unpaid HOA fees will be paid by the bank. If the house is occupied, but the bank still o...
Account Closed
Depreciation and Capital Gains on a Primary with rented Bedrooms
I purchased my first SFH home this last year that I have moved into as my primary and I am renting out the extra bedrooms in the house. I have been trying to read exactly how renting out the bedrooms will effect my ta...
Cole Baker
What is DSCR at Purchase?
I am confused with what "DSCR at purchase" is. Does this not include the construction loan ?
For example, when the DSCR is 3.00x and the Loan to Purchase is 68% , does this mean that NOI is 3.00 x the debt from a lo...
Account Closed
Bonus Depreciation Question
I think I know the answer to this, but is it correct that you cannot take bonus depreciation on a house older than 1986 build? To me it would be new (i.e., acquisition in 2022) but its the build date, correct that is...
Joe Morello
"Price Improvement!" - Is it really?
As a real estate broker here in South Florida, I have recently observed a noticeable trend in the real estate market: an uptick in what many are referring to as "Price Improvements" on property listings. While this te...
Nathan P Tanner
Help me undertand the profits with the BRRRR method
Please let me know if I’m seeing clearly Here? (This is for the Bay Area in California)-Home is 330,000$ (paying cash)-Closing cost : Buyer and seller agent fee, Property, title, escrow, misc @7.5 % =24,750$ -rehab co...
Michael Myers
How to Add Refinance Costs to a Property's Cost Basis
Hey Everyone! I've been working through Brandon Hall's guide to the treatment of closing costs (link) while finishing up a refinance, and I think I have everything figured out except when he says that some costs are "...
Don Konipol
The 4 Reasons I’m Skeptical of Real Estate “Opinion” Articles
They’re well written, seem to be well researched, and always timely. But, here’s why I’m skeptical of opinion articles
1. The writer is predicting the future, based on current information. Seems like we’ve been wro...
Sean Ade
Investing During A Crisis
Most conversations I'm having with investors / business owners who have been through other crashes are all excited about the opportunities to come over the next 6-12 months. Maybe even 18 months down the road. Once th...
Hani Alomar
Guys, is the time right to buy a rental property in the Midwest?
Friends, I've been wanting to buy a rental investment in any of the following states: IL, IN, GA, MI but im getting cold feet. Everyone is telling me to wait for a correction. Your thoughts please