I have a SFR rental in Utah. It makes about $140/month in cashflow. The city it's in is growing quickly (new hospital, a new high school, businesses, etc.). I would like to free up some cash from the property and I do...
My best friend and I have a 50/50 stake in a rental property. He has a family and kids and did not have the free time to invest in real estate so he asked me to invest with him knowing that I have the time and experti...
Hi! I’ve been devouring the podcasts and reading blog posts and forum posts to learn as much as possible while we hunt for our second deal. First property was our previous primary home in Seattle (White Center) that g...
Longtime lurker around here - this has been a great place for me to learn over the past few years. Now, I could really use some perspective from people who have been in my shoes.I live in a very expensive area on the ...
Will Biden eliminate the 'Step up' policy for inherited assets?
https://www.forbes.com/advisor...I am concerned because we are looking to sell the one and only property we have inherited from a relative this coming S...
First Post here. Let me start by saying thank you to all of you for offering your time and sharing your experiences on this forum. I'm happy to be a member and look forward to building solid mutually beneficial relati...
What is everyone's consensus on paying off rental properties vs leveraging to aquire more? I understand from an appreciation standpoint it definitely makes more sense to be leveraged, I also understand that my return ...
Rookie question...We just completed a cosmetic rehab on our first house and placed it for rent this week. I plan to self-manage, so I had hoped to show the house myself and personally meet any potential tenants. Fro...
Purchased a 1 bedroom condo for $180,000 in late 2008. Current CMA value is $130,000. Reserves: Reserve fund was $16,000 in 2008, but NO reserves remaining. There have been no reserve studies.Financials: The condo c...
I have access to a HELOC of about $100k. Do I pay all cash or put 20-30% down? What is the best way to use it? I will have the payment of the HELOC and the mortgage if its not paid in cash. Any areas I should be looki...