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I am looking at purchasing a 3 unit multifamily deal. it is 3 separate 1100 sqf single family 2/1 houses on one plot of land. sold as a single entity. one of the buildings is damaged and condemned but fixable. ...
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Hi all, I'm owner-occupying one unit of a duplex and I'm wondering what is the best to report the depreciation if I convert the owner-occupied unit into a rental at a later date. The challenge I'm having is specifical...
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Hi. I own a property with a few partners. Our names are all listed on the deed as individuals, tenants-in-common. We do not have any agreement between us. I informed a tenant that he should pay my share of the rent di...
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I am looking into buying a pair of duplexes in TN (I live in Texas) and would like some advice. This is a small town (about 11,000), and isn't the greatest cash flowing market, but I have grandparents and cousins ther...
Hi guys, I have read a some of your books and watched some of your videos, but right now, I am feel so bad. let me present myself, I just got in the US 9 years ago, I bought my first house in 2016, single home 3 bed a...
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I have been reading a lot on what makes a deal a "good" deal and also about the 50% general rule. I do have a general question about this as it relates to owner occupied real estate properties:I plan on buying a dupl...
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I heard along the way that you can hold 4/5 loans per person. Is there something that changes or can be changed once you get married for each to hold 4/5? I heard someone mention something about filing taxes separately..
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Hi Can I ask the group, what the renters pay in terms of utilities etc in the Bay Area, California.Thanks !
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Anyone have recommendations for a simple calculation/percentage on how much money to have on reserve per unit for basic maintenance and repairs? Thanks in advance!
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I run a youth soccer business and we are in the process of purchasing a commercial property which we would like to convert into a soccer facility. Currently we are a little short on the equity for the deal and we like...