Joshua Dorkin
Where have you had the most success in RE investing?
I get quite a few emails from people asking how best to start investing. I'd love to see how most people have had their best successes in Real Estate Investing, so:
Where have you had the most success in RE investin...
Michael Mozie
Investment opportunity?
Hello all, there is a 4224 sq ft plaza for sale in Ohio that I was interested in. The listing price is $350,000 and there are 3 units each 1408 sq ft. Two are rented out for 10 per sq ft and one vacant unit. I pers...
Robin Dassy
F-1 OPT Student Taxes for House Hack
Good Morning All,My wife and I have finally purchased our first duplex and moved into one of the units. I am currently in the process of obtaining a green card, as my wife petitioned for me. In the meantime, I am stil...
Jef A.
Property Management Cashflow question
I have a property and i hired a property manager to deal with it but i dont see how this scales well. Lets say i have a property that i am paying $1100 a month in mortgage. I am asking $1400 a month for rent. I hire a...
Byron Broughten
Deductions and Debt to Income Ratio
Hello!
I just closed on my first rental property (house hacking), and after taking a second to bask in the glory, I'm thinking ahead to the next one.
So I ask: if I claim a bunch of deductions (floor refinishing, ba...
Ryan Ness
Questions Regarding Analysis on Distressed Property
I met with a local owner/investor in my area and have discussed the possibility of acquiring a property he is interested in selling. He was kind in providing an inspection report, but in the current condition, I do no...
Justin Bullock
The Truth About Rehab Projects & Budgets
“The Truth About Rehab Projects & Budgets”By Justin M. Bullock, Real Estate Developer & InvestorWhere there are numerous components to real estate investing, one of the most common struggles (with both new and...
Jeff A Barnes
Multi unit interest advise
I found a 9 unit, with 2) 3 bedroom and 7) 2 bedroom units listed at 599,000. Annual income is 70,320 with net operating at 53,171. It's in a nice area, low crime, 3 units recently updated and not rented. Others nice ...
Cam Jimmy
BRRRR Tax question - Stepping up basis
When you complete a BRRRR, can you elect to have all of your expenses of the renovations be added to the basis of the house?For example - you buy a house for $100,000, and put $50,000 into it (Including repairs, maint...
Ryan Pyle
50% rule is alive and kicking for me
I just finished my 2013 numbers and am once again amazed at the validity of the 50% rule. Here are my numbers for the past several years. The number of units is the average units held throughout the year. To be cle...