Brian Knapp
Transitioning Primary Residence Into Rental
Hello,
I will soon be moving and we will be transitioning our current primary residence into our first rental property. The property we will be transitioning is a 2/2.5 town home in Boynton Beach, FL.
My first few ...
William Coet
Is This Irresponsible or Sophisticated?
Trying to determine if this is reckless or sophisticated investing....The idea is that annual percentage increases and the possibility of rates lowering will allow for positive cashflow.-A property with a 30 year mort...
Heather Whittaker
Short Term Rental Accounting
I've been considering hiring an accountant to handle the accounting for my short-term rental properties. For those of you that have hired an accountant, was it worth it? Also when looking for someone to handle my book...
Mike Moore
Looking for a buy/hold in Raleigh & surrounding areas but finding it hard
My wife and I work a lot and have one rental property, our prev home. Looking into getting another (and more) buy/hold SFH, duplex, or maybe town home (though they don’t seem to appreciate as much as SFH). However, ...
Kasey Rowe
Self Management or Property Manager
My wife and I are about to put our home up for rent. This will be our first foray into landlording. I am torn between self managing or going with a property manager. The only thing that concerns me about self managing...
Baron Wheeler
Need help weighing pros and cons of next step of my investing
I currently have a rental house in Woodland Park, Co that we have owned for 6 years and have rented for the past 3 years. The house is paid off and was purchased for around $350k and current value is around $500-$550k...
Greg Junge
Partnership/Tax Question - Needs to show a loss
I'm trying to figure out the following scenario but need your help. A relative of mine wants to invest 100k in real estate, only if it will show as a loss on his taxes. He's not a real estate investor but has cash t...
Bienes Raices
At what point to begin advertising and showing the rental?
Do you wait until the rental is completely renovated to begin showing it to applicants?
Tracey Williams
What is the best price to offer?
Hi everyone
I went to check out a 4 unit multi-family today.
It's listed for $269,000
The rent/unit is $650.00
I check out the value on the auditors site and it value for $179,000
It was purchased in 2005 for $160...
Francisco Feliz
Is the 70% Rule Too Aggressive in High-ARV Markets?
Hi BP,I am currently based in the Greater Boston area, considered by many reports to be the second most unaffordable real estate market in the country. Just like anywhere, finding deals isn't easy, but the question I ...