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Hello all,I have a quick question about the BRRRR strategy. I am planning on buying my first owner occupied duplex in the near future with an FHA 203k loan, allowing me to roll rehab costs into the mortgage. After run...
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Hi Everybody My question is when analyzing a property should I consider income tax in my analysis or should I assume that the deductions will reduce my taxable income to where its pretty much evens out and not worry a...
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I would appreciate any comments or experience. My lease states that if someone additional lives in the property for more than 48 hrs, the tenant must get written permission from the landlord. I drive by my rentals s...
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I have a duplex here in Clearwater (Oldsmar technically) I am finishing and already have two prospective tenants, neither of which have seen the house but still want it. The property had window units before I bought i...
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Hi All,
Currently, we reside in a 4-bedroom, 2.5-bath house located in Santa Cruz County, California. Additionally, we have a 2-bedroom, 1-bath, 800 sqft. Accessory Dwelling Unit (ADU) that we lease to a long-term te...
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Hello All,One of my rentals has a broken window, and of course the tenant does not know how it happened. It looks like something was thrown at the window. I was planning on making them pay for the repair, but wanted t...
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Hi everyone. My husband and I are under contract for a duplex- our first investment property! 🎉 We plan to house hack, live in one side and rent out the other. One side is currently empty and the other has tenants who...
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I am looking into purchasing a hotel. The numbers and cap rate look good. I am getting a copy of the bank statements and taxes. I have the occupancy rates. What else do I need to look at before I send an offer. Manage...
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Hello,
A fellow property owner let me know that he has decided to sell.
He has offered to owner finance it to me with a $50k down payment, 7% rate for 20 years. I'm looking to buy a property like this to be my reti...
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I am looking at renting out my current primary residence, nice house in a nice neighborhood, and one of the issues on landlords minds is always the liability aspect.
I was wondering if anyone has inserted a liabilit...