Alicia Marks
QOTW: If you had an average income, but don't want to househack..
Welcome to our question of the week! This is based of a Facebook discussion about wanting to hear more average income earners accomplishing their real estate goals. If someone wants to get started in becoming a real e...
Rich Lee
i'm renting apartment taking monthly hits to slow bleeding
First of all, I want to mention how great this site is. I just spent the last 4hours reading posts.
Now here's my problem... I bought a studio in 2006 with 0 down for $250k and put in roughly $20k to fix up the place...
Mike B.
Good deal or not ? 30 unit
I need some opinions and constructive criticism There has been a deal offered to me couple days ago , off market . Location - downtown , near community college . I would say it’s a decent location and up coming Age - ...
Account Closed
California proposed giving tenants 10 years to pay their rent
No, I didn't make this up. In fact, you CAN"T make this up. It makes my head hurt just to think about it.I thought Seattle's 6 months with no rent payments was insane. This makes me really glad I've cleared out of bot...
Uri E.
Cost segregation for the purpose of expediting depreciation (SFR)
Hello,
I buy, hold and rent out single family residences. Each new acquisition I then depreciate using a standard straight depreciation - total cost of land improvements. I recently learned that I could expedite some...
Bill Briscoe
Do you issue 1099s?
I read that landlords are exempted from issuing 1099s to contractors and laborers. Does that apply to buy and hold rehabbers as well?
Arta Montero
Advice on how to get started in multifamily
I refinanced one of my rentals and will get $130k at 3.9% plus can get another 100k loan against my Roth at about 4.25% plus I have another 170k cash of my ownI also have 401k and other retirement accounts that I coul...
Jane Dang
Keep or trade up multiple units
I have a rental SFH, renting out $3500/month. It will be paid off in six months. The zillow estimate is 1M. I have been taking depreciation on this rental property for 20 years. I bought it 22 years ago $200k. Sh...
Paul Kerr
Sick of not being able to get a line of credit......am I missing something?
My brother and I have flipped 2 homes exclusively doing all the work our selfs. I also personally own a home that should net me around 60k when it sells. Were about to purchase a home ( for 47k and tax assessed at 16...
Aleesha Gunther
Don't get ahead of yourself.
Yesterday I had the privilege of speaking with a 42 year real estate broker. I spoke with him about tax lien certificates and tax deeds and how this is where I thought I would start.He sat back and smiled and asked m...