Tiffany Murokozi
[Calc Review] Help me analyze this deal
I am considering pitching this to a few buyers to see if interested. I would like someone else to analyze the deal to see if they look like solid numbers an investor would be interested in:Purchase Price ($215,800.00)...
Corey Dutton
FHA Lending Shutdown Poses Future Opps for Hard Money Lenders
The government shutdown, the proverbial “psyche!” by legislators, certainly caused a stir among private money and hard money lenders. With so many government-backed loans in limbo, many borrowers made a last ditch ...
Brian McCarter
How to apportion costs of rehab when renting out rooms in home
I wanted to see if there were any tax experts who have ever rented rooms out in their home. The answer my enrolled agent who is not a real estate expert gave me did not seem to make logical sense to me and I wanted to...
Dave Kush
Subdividing Property with Tandem Houses, Shared Drive
Hi Everybody!I am looking at a property that has two houses on the same parcel, one in front of the other. I am trying to find out if it would be possible to subdivide it. Aside from verifying there is enough room t...
Paul Schackman
Can I use a Residential Mortgage???
I'm looking at 2 4-plex's that are being advertised at one. I found the property on Loopnet.com. They have 2 different addresses (1900 and 1902 Main St) and 2 stand alone buildings one the same property lot. Each u...
Dado Vucak
Deal Analysis: Lot Split Build New Construction
Hi all - I'm looking for some advice in terms of what do with my current primary residence.It's an old 1900s farmhouse (on septic) that has been remodeled and sits on a flat half acre lot with a 600 square foot detach...
Troy Meyer
Has anyone split land at closing.
Just locked up our third rental property, its a home path house that has the lot next to it deeded as one property. The official descriptions states lots 23 & 24. the house is centered on one lot. All other hou...
Mike Geier
Baltimore County Property with Balt City water - can tenant pay?
I'm renting out my first property in baltimore county this month. The residence uses baltimore city water.I was told by someone that landlords must pay water bills and that they cannot be transferred to tenants in Ma...
Peter Morgan
Tenants not motivated to get vaccinated !
Hello,Covid vaccination is now currently available in my area for free and I myself wavered quite a bit before registering to get vaccinated. I initially wanted to play wait and watch but upon watching few YouTube vid...
Jason Chu
How do landlords deduct expenses that span multiple properties?
I am wondering if there has been any real solid resolution on this topic. My CPA has instructed me that the auto expenses (at least the proportion used for rental activities), overhead such as office supplies, sof...