Richard Ferraro
Do I Need to Save Additional 2-3% for Buyers Agent?
Hey all,Confused as to the current state of buying/selling after the NAR decision. Do I as a buyer need to pay my agent a negotiated 2-3% of the home purchase price? I do not see that home prices have dropped 2-3% and...
Michael P. Lindekugel
A recession is coming and maybe as early as summer
Previously, the Federal Reserve indicated it would raise the federal funds rate four times this year. On March 16th the Federal Open Market Committee said it expects to raise the federal funds rate six times this year...
Golan Corshidi
Is investing based on appreciation a recipe for disaster?
One of the most common topics discussed on bigger pockets and other real estate forums is the decision between a property that cash flows and one that has the potential to appreciate. To take this further, I recently ...
Vy Mai
How do I add additional tenant & rent increase to the lease
I just found out another person is living on the property without my knowledge... I confronted the tenants and they said they like to add the new person on the lease. My question is:1. Do I have them all start signing...
Sylvia Fu
Finish exis basement (to rent out) or build a 2-story addition?
What should I do?Here's the scenario:I own and live in a 3br/2ba home that we just bought in October. I live in the Bay Area. The house has a family room (a deck that was wrapped, which is usable, but in dire conditi...
Frank Adams
Recording a Note in addition to Warranty Deed and Deed of Trust
Im carrying a seller financed mortgage on a house in Texas. Buer is talking to a local lender about refinancing and the lender called me to ask if the NOTE was recorded. I told her no but as is the usual and customary...
Cody Dover
How much to raise in additional to the down payment for APTS?
When raising money for apartments,How much would you guys factor in when raising funds to set aside per door?This isn't just for fixing the place up, more so setting it asideThat you perhaps won’t need to go back for ...
Deb Merrill
Evaluating the addition of a second bedroom in a high quality apartment.
Purchased a single family 2.5 story in a desireable historical district close to a downtown waterfront community. It will be a conversion to a 2 family for a long term buy and hold. The demographic is professional co...
Allison Meggison
Will anyone finance a single wide with an addition that has no
Slab or anchoring? My buyer client is wanting to get a single wide that has been built onto. We don’t know if it was originally a single or double but it looks like it was originally a single. We are running into fina...
Robert Steele
Section-8 No Additional Depreciation Recapture at Ordinary Income rate on Sale
I just stumbled upon this. Another plus for section-8 rentals. Albeit a small one.
From the IRS:
The applicable percentage used to figure the ordinary income because of additional depreciation depend...