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Results (665)
Charles Baker Cost segregation - SFR acquired in 2021 followed by full reno
5 May 2024 | 6 replies

Scenario:  We acquired an SFR in the Southern California mountains in 2021.  Over the past 15 months we've been doing major renovations. Work is basically complete. First STR guest has booked for the last week of 2022...

Matt Liu Renters in your own house... separate areas?
12 May 2013 | 8 replies

Let's say you buy a single family as an owner-occupant, with the goal of having a couple renters to defray the monthly bills. But let's say the town does not easily allow conversion from singles to multis anymore. Can...

Cheryl C. How to "income qualify" a section 8 tenant?
21 June 2011 | 20 replies

What ratio's do you LL's use to qualify a section 8 applicant? I have a prospective tenant with a voucher for $1,575 (the rent amount) and an SSDI income of $908/yr. This person also receives food stamps in an unkno...

Scott Pigman Does John T Reed's formula for positive cash flow make sense?
20 August 2016 | 5 replies

A week or two ago there was a discussion regarding the 50% rule based on this "positive cash flow" article by John T Reed (actually Reed uses 45%, but that's neither here nor there for my question).In the article Reed...

Adrienne Bryson Questions About Lease Options
20 August 2016 | 8 replies

So I get the general concept of wholesaling lease options.  It's basically the same as "regular" wholesaling except you're dealing with rent to own rather than outright purchase, and your end buyer is going to be a re...

Jon Abadia Third time doing inspection on a "turnkey house"
17 March 2020 | 20 replies

If a turnkey home was inspected initially and there was time given to fix  ALL the issues with the home but when re-inspected the home was not turnkey ready at all and the repairs that were supposed to be done were no...

Savannah Lewison Auction Property Title Search - Help Please!
21 August 2022 | 12 replies

Hello,I am learning to do my own title search for auctioned properties. Problem is I'm having trouble actually understanding what I'm looking at. I have a real life example here. I see that Pingora Loan LLC assigned a...

Anna Watkins Do you ever accept a tenant with a prior eviction?
9 December 2014 | 5 replies

I have just told a prospective applicant that a prior eviction is "probably a deal breaker."  She politely said thank you and hung up, but I'm feeling very waffly on this rule.  I know it's standard screening to prote...

Taylor Colligan Equity as acquisition fee
24 February 2020 | 11 replies

I am hoping to get some guidance from other investors. I am about to close on my first duplex, I will be co-signing with my dad. However, I have two other investors going in on the deal with me as well. I found the de...