Simon Obas
List the steps to get my units rented ASAP!
Greetings. I am getting ready to purchase my second home and will be continuing my house hacking strategy. My current home came with the tenants and they have been stellar. I didn’t have to go looking for tenants. Bu...
Kevin Zou
Does depreciating house on tax return lower borrowing power?
Hey guys,
From what I heard banks normally use your gross income to debt ratio to determine your borrowing power. If I depreciate property value on my tax return to deduct my net income, will that impact my mortgage ...
Julie Marquez
HELP! I work construction project mgmt but am scared to flip!
I have a degree in construction management, and my full time job is working as a project engineer for a large general contractor in Seattle. I have been involved with real estate my entire life (thanks mom and dad), c...
Carolyn Hodo
Taxes on rental property with fiancé
Hi all,This year, my fiancé and I bought and moved into a house, and started renting out the old house. The old house is in just my name (the new house is in both our names). Both our names are on the lease as the lan...
Matthew Truty
College Real Estate Investing?
Hey all! I'm a 20 year old sophomore college student and am just getting back into the swing of learning about Real Estate investing via Bigger Pockets and Brandon Turner's The Book on Rental Property Investing and wa...
Sandra Hollgarth
If you are too pay contractor and he says check goes in his bank
Hello my name is Sandra , my mortgage has a check to rehab my home I am told to pay contractor checks come in both owner and contractor name both have to sign check. Contractor says check goes in his bank if that is s...
Matt Moldenhauer
Rental Property Receipts, Tracking Expenses & CPA's
I'm curious to know how other people handle their receipts with their CPA. This past season was the first time we claimed our first rental property on our taxes. We only had a few receipts to turn in to our CPA, so i ...
Scott Choppin
Apartment Financial Underwriting - A 2-part Series
In a few recent conversations with different folks, it has come up how they are calculating financial performance on multi-family projects. And to be honest, I feel the need to generate a specific post on this, since ...
Nick Stageberg
How Many Showing To Rent, On Average?
Hello everyone! Long-time lurker, first time poster :-) I'm curious how many calls, showings, and applications you see before having a signed lease. Also, how may days on market and days of vacancy?For myself, I wo...
Luke H.
How to avoid A/C emergency issues
Hi,I live in Texas and it gets HOT here... I have yearly maintenance done on all A/C units to ensure they are working properly. When an A/C unit stops working tenants will make this an urgent emergency. My A/C guy i...