Paul Dudley
Estimating Depreciable Basis - Med Office Suite
I've happened upon an opportunity to purchase a Medical Office Condo comprising approx 12.5% of larger development. Purchase price approx 600k. This would be leased, not owner occupied. I have no real interest in ...
Monique Rene Coates
What Would You Do Under These Circumstances?
What would be your next step based on the following situation. . . . . My accumulated Student Loans of $179,400 for advanced INT’L BUSINESS DEGREE were FORGIVEN and Fully PAID OFF, and I am extremely grateful!
Now...
Stephanie Cortez
W-2 Exit strategy
I am considering the possibility of leaving my W-2 job by Dec. I am in the beginning stages of planning what this will look like and if it is possible. Fears that come up for me are 1. Medical insurance 2. Taxes 3. Se...
Matt Turner
Do these sound like good tenants? First Rental.
I have decided to go with a military family to move into my first rental property. Everything went good with the showing and also looks very good on paper. I have ran the TansUnion Smart Move checks on them and i rec...
Michelle Kaufman
Covid19 and Harassment by the president of the board of my co-op
I own a co-op in Hallandale Beach Florida, my renters brother got stuck in Florida with him because of the pandemic. The president of our association has harassed me about the brother being there. The president is a C...
Mark Watkins
Rental Beside Hospital Creative Rental Situations
I wanted to see if anybody had ever developed a relationship with or had a contract with a hospital to provide short-term housing for doctors or other staff. I have a SFH rental coming online in April that is right be...
Robert G.
1031 exchange ?? Selling primary residence
Hi all,
I am currently listing my home for sale (lived in it for 18 months) with my realtor and plan to net approximately 61K after closing costs etc. I want to take a portion (or all of it), and put 20% down...
Lori Lloyd
Protection from the Financing Owners bad decisions/situations
With the market shift on the horizon I expect we will begin to see more sellers show interest in Owner Financing as an option. I've found that nearly all attorneys in my area warn strongly against it (most will not ev...
Robert Willard
STR Newbie Introduction
Hello forum!! New guy here.I recently have started looking into doing a STR in the Nashville area. I live in Ohio but I find Nashville appealing for many reasons. This would be our first investment property and I a...
Beka Shea
Rental to Flip Deal Advice
Here's the situation:Friend's dad, nearing retirement, owns the property next door to his house as a rental. He is losing money on it each year and owes back taxes. Current mortgage is $88k, $1280 PITI/month. 1 ten...