Account Closed
Is a 2 year lease worth a $200/month rent deduction?
Hello, all.
The house is listed at 2,175, but I want to ask the landlord for a monthly rent of 1,975, in exchange for a 2 year lease with a buy-out option. Is this too much to ask?
I have an excellent cr...
Rob Tossberg
If I put 25% down does the bank care about my Income? Advice?
Hi!I'm self-employed and looking for a multi-family for investment purposes. I'm going back and forth on declaring my income for 2016 - and taking the hit with taxes - or not declaring and keeping the money that woul...
Amjad Farooq
Reporting New Property to the IRS
Hi everyone,I purchased a house with cash for $100K in 2014. I spent another $50K to remodel this house. Do I need to report the following to the IRS on my 2014 tax returns?:(1) Purchase of this house for $100K(2) Ano...
Mike Andes
My POTENTIAL First Deal - Questions
I found this deal on Craiglist. What do you guys think?
Its a couple hours south drive of where I live but most multifamily properties near me (whatcom county, WA) don't come close to the 2% rule (or even 1% ...
Arthur Banks
Insulating water lines - pass cost on to tenant?
I currently owner occupy a 2 unit. With winter being here, I plan to insulate the water lines. The question is do I go ahead and insulate the tenants lines on "my" dime, or ask would they want their lines done and pa...
Tyson Bumgarner
testing my analysis skills
So I borrowed this format that someone else used to analyze his duplex, and I decided to give a try at analyzing a duplex I found. This is what I came up with.
Duplex 3/1 with 1/1 attachment. They wanted 80k but the...
Account Closed
Section 8 hedge against recession or STR
I have around $100k and a VA loan to invest after selling my house. I am considering rehabilitating cheap properties including mobile homes and renting them as section 8. I think it would be a reliable income through ...
Edwin Giraldo
First investment property
I am ready to make my first purchase in an investment property. I have located the house and have spoken with banks, I will be obtaining a preapproval in the upcoming week. The property is 100k I'm putting down 20% an...
Brody A.
buying in the market today
I am wondering if the retail market will hold it's value in the first time buyer market. Should we be looking for deeper discounts? The problem is in this market motivated sellers and deep discounts have been hard...
Stephen Stokes
Austin apartment market sees first rent drop in 10 years
I see a lot of folks looking through rosy-eyed glasses lately. When the all the stimulus, forbearance, eviction moratorium, etc. goes away, reality takes hold. My market opinion has been an unpopular one but I still c...