Johnny Joyce
Waterfront with potential
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $365,000
Cash invested: $200,000
Originally a primary residence that was severely damaged by hurricane Ian and now ...
Stephen Marcil
Investing with Student Loans
Hello. I would appreciate feedback regarding the viability of obtaining a VA loan for a secondary rental property and if approved, would this second loan make it difficult for me to buy another primary residence if I...
Dave Godfrey
International tax advisor/accountant/attorney needed - US/Germany
Hi everyone. My client is looking to live in the US... but work for (and obviously get paid by) a German business. He will work remotely via computer in the US for about half of the month, then travel to Germany an...
Ryan D
Tax Write Offs
I am buying my first property and plan on living in it for a few years and then renting it out. There are some things that need to be done and seeing as it isn't yet a rental property, it is my primary residence, I am...
Matthew Williams
Direct Mail question
Hello all,I am considering doing a direct mail campaign to find a primary residence for my pregnant wife and I. I was wondering if it is appropriate to Visit the house of an interested seller before making an offer, o...
Donna Salmiery
tax rate
How can I find the tax rate for rental properties? I met with a banker and learned that in my county, your primary residence is taxed at $800 per $100,000 of appraised value, but a property that you are not living in,...
Ben Steever
Reporting removal of homestead tax exemption?
My wife and I are moving from Alabama to Tennessee for a Job I took. We have leased out our home here in Alabama starting in April 2019. Am I required to report to the tax collector that I am renting the home and will...
Tory Tolson
Nightmare BRRRR to perfect timing in Memphis
Investment Info:
Single-family residence buy & hold investment in Memphis.
Purchase price: $30,000
Cash invested: $55,000
Sale price: $114,000
Oh no! BRRRR gone wrong!?
Initially, my renovat...
Matthew Hense
First Rental Property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $240,000
Cash invested: $30,000
Bought this 3/2/1 in June 2022 as my primary residence. I renovated the entire home...
James Edgar
Canadian Mortgage Rates
Hi Folks,
I am looking to refinance my house hacked principal residence. It’s at 3.2% open variable. My last mortgage was 3.6. Why am I seeming rates in the twos when no mortgage broker I have talked to can actually ...