Micah Watson
Rules of Thumb for Air BnB
I’ve been analyzing deals for a couple years now and have both a brrrr and a flip under my belt. I’m very familiar with the 70% rule, 1% rule, 50% rule, etc etc for rentals. Are there any rules of thumb for analyzing ...
Eric Koelling
Your next income-producing asset? Water heaters
What do you guys think of this?The incentive is $20 per water heater. You must have a minimum of 25 water heaters. With 25 water heaters, you'd get $500 backhttps://www.portlandgeneral.com/business/get-paid-...I don't...
AJ Wong
Never. Stop. Learning. 20 years around mortgages and just discovered 2x1 Buydowns!
As primarily a buyer's broker the increase in mortgage rates has clearly made some investments and property purchases prohibitive. One part of the solution could be a 2x1 mortgage buy down. As I understand it, buyer's...
Julio Gonzalez
Historic Tax Credits Can Increase Your ROI
Preserving historic buildings plays a big part in the cultural and architectural heritage of communities. The government encourages property developers and owners to invest in these types of projects by offering numer...
Esther Kim
Best Maintenance Upgrade/Repair for Tax Deductions and ROI
I have a duplex with good tenants that I would like to upkeep and was thinking of replacing the original 1980 aluminum windows. Is this the best investment in terms of maintenance or should I be upgrading/repairing so...
Michael Gibek
Positive cash flow residential rental mortgage - pay off or refi?
I’m trying to see if I can optimize our financial situation with respect to our rental property that has been cash flow positive since put into service back in 2014. Any recommendations or suggestions are welcome.We f...
William Strom
Rate buy down lender
I’d like some information on rate buy downs. Can all lenders do them. I’m a new investor. I secured a 5.75 percent rate on a new build recently. I’d like to buy a condo as a LTR but I’m going to need the rate to be ar...
Joe Glick
Radical Cost Cutting to buy more Rental Properties
My wife and I embarked on a new experiment in 2015, radical cost cutting in our personal expenses in order to invest more quickly in cash flowing rental properties. When I say "new", I simply mean new to us as this s...
Jeff Rutland
SFH Portfolio: Do you use an accountant for filing taxes?
As I accumulate SFHs for passive income, I'm wondering if I need an accountant. I've always done my own taxes (including a single rental) using TurboTax. I'd love to hear folks thoughts on the pros/cons, especially ...
Chris Pappas
Foreclosure seller contract default, should I leverage this and attempt to renegotiate?
I have been under contract to purchase a foreclosure for approximately 100 days. Pursuant to the purchase and sale agreement, the seller is now in default because it has not closed within the specified term. The prope...