Nick Kellar
Rental depreciation and deductions - getting started
I purchased a house for cash in NH in 2015. I had a family member live in the house until June of 2018. In July I completed a lot of updates to the house (new well, new 200 amp electrical service and panel, new window...
Robert Siverd
Refinancing two properties to get another one-bad idea?
I am looking for some input on whether or not a deal I am working on is a smart move long term. My partner and I own 2 SFRs. Rent total for them is 2270 a month. Purchase price was 100k plus 15k in repairs for one a...
Ryan James
Seller listed 2 separate Quadplexes as 8-plex? Questions inside..
Seller listed two 4-plex units as an 8-plex and is selling as such. I'm wondering how this falls under appraisal and getting a loan? Would this be commercial since it's an 8-plex or would it still be residential since...
Solomon Hikssa
Would you do this deal? Seller Financing
I have an 8 unit, off market property under contract. The property is located in Portage mi. A nice area located in Kalamazoo county. The seller is financing it through a Land Contract at a price of $495,000, 6% inter...
Mark W.
Help with No Money down deal
I have been approach by a person who knows that some of my investments are in C-D class areas and that I am familiar with Section 8 properties. He is leaving the area and selling off his properties. He has offered f...
Daniel Lozowy
Estimating expenses, advice needed
When you estimate expense on an apartment building, I know it's recommended to go with 50% of the gross income. But what about areas where rents are very high? What's the best way to be accurate and conservative at th...
Michael Johnson
Seeking Open Minded Skeptics
Ladies and gentlemen, I believe I have stumbled across an awesome strategy. Its not magic, its not a miracle. But it seems like an incredible short medium and long term play.
Before I begin there are a lot of very sp...
Albert D.
First Multi-family Deal Under Contract (8-Unit)
Feel excited and nervous at the same time. Never in the multi business before. Any comments/advice on what to watch out for are welcome. Many thanks in advance.Here are some details:10%+ cap rate based on 2015 act...
Matthew Dunn
Should I Refi My Primary Residence?
A question to you BRRRR strategists?! Kind of...
So I'm coming up against in my area a lot of "deals" that require a cash buyer. I am more than qualified for a conventional finance and am pre approved & qualified...
Matt C.
Beginning Investor in SLC
Hello Everyone! My first post here!I live in SLC - where homes have been increasing in value extremely quickly. I have already gotten into my first home in which we are renovating the basement into its own unit. We wi...