NIcholas Hamel
Capital Gains on your primary residence?
Hey everyone, had a debate with someone recently and I wanted to verify with all of you. I was told you have to pay capital gains tax on your primary residence and that you can only do a one time tax break to avoid i...
Dan C.
Any thoughts on the ending of Milwaukee residency rule?
Any Milwaukee investors have a prediction on the impact of ending the City's residency requirements? (for the question assume Mayor Barret's attempts to fight the state law fail).
Sam Cain
Denver Long-term Rental vs. Airbnb?
Hi Guys! We are in a debate on the Denver rental market - whether doing a long-term rental or short-term rental. Are there any resources to help determine the potential rental income for short-term rentals?
Thanks!
James Conaway
Check one or all occupant applicants for a rental?
What is the common rental best practice for qualifying multiple occupant applicants that will reside in a single property?By qualifying I mean, asking for an application, running a background/credit check, verify inco...
Chris Olson
Should I sell my primary residence or hold it?
Pertinent information
Primary Residence: North Hollywood, CA - 2 bedroom 1 bathroom. 1100sqft on a 9000sqft lot
Estimated value - $1,000,000
Remaining mortgage - $520k
Open HELOC - 170k credit line. 70k currentl...
Ben Sorochuk
Rent entire house vs by the room
I've got my first house a few months ago, and currently househacking it. It's going great, it's got 7 rooms. I'm living in a room and renting out the rest. Mortgage: $3650. Rent income: $5100. I'm seeing other houses ...
Ronald Perich
Screening is critical - How close I came to a dangerous felon
OK, alleged felon.I bought a nine-unit complex a few months back and it came with some interesting residents. Many of them are good people who put up with an inattentive owner. The previous owner was in her eighties a...
Ashley Anderson
Second Mortgage versus HELOC
Good Morning! I see a lot of conversation about HELOCs and HELs - but not a whole lot about a second mortgage as a option to get started. About me: owner of a primary residence, looking to get a multifamily (preferred...
Matt Welch
Home inspector- Retail buyer- Folsom Area
Hello all,I have a retail buyer client in Folsom, that just got under contract for their primary residence. Can anyone recommend a good local home inspector in the Folsom area?Thanks
Rob Greenawalt
Want to do my first deal
I know this title may be a cliche by now, but that is where I am at. I have learned a lot about RE investing over quite a few years, including how not to rent your former personal residence [included a nightmare tenan...