Ray Evans
Insurance Options for Rentals
This is my first real post I think, so let me know if I did something wrong :-)We’re a couple years into this journey, and I’ve been somewhat disappointed in the rates we’re getting on insurance for properties held in...
John Coffey
Higher interest and lower purchase price
I am making an offer on a deal that the owner has said he is willing to finance. I know the guy and we trust each other. I am considering writing an offer with a 10% rate of interest for 5 years and then reducing th...
Joseph Calabrese
Can rental property depreciation offset 401k withdrawal income.
I am 32 and just bought my first rental property with my brother. It’s a duplex he lives on one side we rent out the other. My background is mostly stock investing (professionally and personally) but this first rental...
Account Closed
Concession Limitations
I am under contract to buy a rental and I've been having a heck of time with lenders. I'm curious if anyone has run across an issue with "concessions" paid by the seller. My initial offer was $85,000 and the seller ...
Jason Wilde
Rental Expenses and AGI
Hello. Long-time lurker here. I'm hoping that someone here can help me.I'm trying to estimate my AGI (assuming rental income only), but am struggling to find straight answers. I have my lease agreements set up where I...
Roberto Cervantes
can I buy home, roommate in it & still be able to invest R-estate
Hey everyoneIv been getting a lot of tips and ideas on what I should do to get started I’m so thankful for everyone who has responded to me and help me through this! Iv has multiple people tell me I should get my firs...
Rosie Vidales
Tax breaks on a gutted property
Hello Everyone!! Hey I need some tips on what to do or where to find info. IRS.gov wasn't that helpful. I purchased a gutted SFR in 2013. Didn't start rehab til 2014. Just now gonna file taxes for both years. Can anyo...
Shane Crockett
Improving Asset Class to Reduce Cap Rate
I’m getting into MF investing and wanted to obtain feedback in regards to cap rates, specifically on how to improve (lower) them from the time you buy to the time you sell a property. My fear is that if I purchase a B...
Nicole Harrington
Is adding a 1/2 or full Bathroom worth it?
I am struggling to sell my newly renovated 3/1 ranch here in Marietta GA. The feedback we are getting is that it needs an extra bathroom. I would need a permit and have room in the carport to add the bathroom. I have ...
Joel Florek
1031 Proceeds Into Existing Assets?
I currently own a fourplex and am working to buy additional buy and holds. My strategy for purchasing forces me to be significantly leveraged in a property. I would like to pay down those debts as fast as possible to ...