Margaret Feit
Depreciation Recapture upon Sale that includes Personal Property
Hi All, I'm trying to wrap my head around planning for capital gains and depreciation recapture if I start to sell some appreciated property within the next few years. I'm also trying to determine whether to take acce...
Julian Sirkin
House Hack Question With HOA
Hello,I have a single family house under contract to owner occupy house hack. The MLS listing said, "No rental restrictions", and the house has clearly been an airbnb. There are exit signs posted on the walls, and fir...
Nick Moore
Memphis REI: Deal or No Deal
Hey guys!My wife and I are looking to make some actionable REI moves in a few months and are practicing identifying deals in our local area (Memphis, TN). We wanted to get some additional perspective on one particular...
Trent Egenlauf
Where to park money?
Where would you recommend to park your money while you are saving to buy a rental property?
Sam Leon
Does your financial screening rule change IF the tenant offers to prepaid the entire lease?
I had an applicant called me a few days ago asking about a 1/1 unit I had for rent, I told her that it was just rented.She asked for how much, I said $1000 a month,but since I have already rented the place and signed ...
Rachel Hettler
Need Help Underwriting A Property!
Hello, I am working to find my first rental property, and on the surface the deal I'm looking at seems like it has very good long term appreciation potential but I'm not sure how to adjust the current numbers and make...
James Pearson
First REI property through private lending - hard money
Hi gurus!!!Have a property Im making an offer on today, wanted to start a discussion and overview my plan for this property. The Good:Home is a 4/3 with detached garage. Very very nice neighborhood. 2840 sq feet an...
Nathan W.
NNN Lease Option Periods
About 11 years ago I purchased a NNN Ground Lease with a couple of friends. 6% CAP | Corp Backed National Tenant | 10% rent bumps every 5 years | High Income Zip CodeIt had a fresh 15 year NNN lease in place when we p...
Kip Pierson
Partner wants out--need advice on a fair "buy-out" price
Good evening y'all!I'm new to the forums and the community, but I have been lurking from afar for awhile now. My quick impulse to join the forums comes from a need to seek advice on a current dilemma with one of my p...
Gerald King
garage vs 1 more room
My house is comparable to the ones in the neighborhood. We all have 2 bedrooms and 2 baths plus 1 car garage (attached).
Should I do away with the garage and turn it into another bedroom/master retreat and then add ...