Shane S.
Fire in 4-plex; what's landlords obligation?
I'm in the process of purchasing a 4-plex that had a fire in one of the units; the structure is fine but it got me thinking. If a fire happens in a multi unit property and forces all the tenants to move, what is the l...
Mike Bonadies
Rental Room House Hacking Tax Benefits
Hey guys I'm new to the real estate world and I have a question on Tax deductions when it comes to purchasing a single family home and renting out the rooms to tenets in the Baltimore area.I was looking into personall...
Paul B.
Basic tax facts for a certain income level?
I know that the best approach is to get a CPA to look at your personal tax situation and help you make the best decisions, and I will do that, but a little education on my own is worthwhile and will reduce the amount ...
Bruno Torres
Home is not renting!
Hi everyone,
I was renting my previous home for about 2 years until the tenants left on dec 22nd. I have been showing the house since the beginning of November and i've shown it to about 50 people so far, I've had 0...
Colby Todd
Cash flow on first owner occupant.
Hi,I am getting ready to make my first investment, and scouring through a few markets in the area for a 2-4 unit house. I plan to occupy one unit with my family. I have been mainly coming up with homes that will reduc...
Thomas Ingrao
How does tax season work at the end of the day?
I want this to be completely transparent for accuracy. I have not calculated my expenses yet but my W2 reported income was $73,380. I grossed approximately $13,000 this year on the rental properties. I understand that...
Brandon Avedikian
Salvaging a flip gone wrong
I am currently trying to flip a property in Dallas. I am going to lose money for sure, the question is how much. I am considering trying to rent the property out for 6-8 months if it does not sell within the next mont...
Nathan Huyett
Help with DTI breakdownn
My wife and I have started looking for a new primary residence. I hold the mortgage for our three-unit property; my wife holds the mortgage for our current home. When speaking with a lender, he indicated that if I tak...
Brandon S.
Should I sell my current rental property and go out of state?
In a nutshell... I purchased a rental property recently and I'm losing money everything month. Not an obscene amount but I would say close to ~$100 a month just due to the market I am currently in (Orange County). Thi...
Adam Craig
Is there a "go to" insurance company?
Just wondering if there is an insurance company that is known for the best rates on home owners insurance. I was getting real good rates from Nationwide but after my 6th property they had to outsource the policy so it...