Daniel Miller
Why do more people not use principal reduction???
I have a $150,000 equity line that I can borrow from. I have two properties that I am currently looking at. Property A is a 13 unit apartment complex and Property B is a 5 unit apartment complex.
Property A i...
Gretchen Roberts
Apartment building appreciation: rule of thumb?
Do apartment buildings appreciate in the same way single-family homes do, only at a lower percentage, or is the value of the building at the time of sale based solely on NOI and cap rate? I'm working on a long-term bu...
Andrew Thomas Vedder
Offset W2 Taxes With rental losses
My W2 income is 160K. I have a primary residence. I want to buy another home, move into that one, then rent out my current home.
If my PITI is $2200, and rents in the area are $1800, can I use any of the $400 loss t...
Account Closed
Transferring property from an single-member LLC to yourself
I would like to transfer my Lakehouse out of the LLC to myself. I have around $65,000 invested in the property. I have a $75,000 line of credit against it. During getting The line of credit on the house in appra...
Sean Leonard
Looking to find information on Tax Lien investing - Ohio or Pennsylvania
Hi,I'm starting to research tax lien investing. Given the state of the stock market over the last few years, I'm looking for a way to invest in certificates to gain an interest rate higher than what banks are offering...
Leonardo Morantes Gomez
Keeping current primary home as rental property
I bought a new house in Durham for me and it will be ready in October. I’ve lived in my current home (Raleigh) since 2018 and I’m hoping to keep it, but have several questions. My mortgage is $1400 and the house shoul...
Greg Gaudet
DTI too high because I don't have two years of rental income yet?
Hey all,Just closed on my 5th unit in my first year! Stoked about it! It was a great deal; it's worth 100k as is, 140k ARV and I got it for only 30k, so I just paid cash. Now I'm getting a heloc (because Bank of Hawai...
Dong Yan
shall I sell the property or hold it
I bought one of my property at peak price at 2006, finally the price rise up to the same level when I bought in.My condo is very easy to rent and has 0 vacancy rate so far but the HOA fee is so high , the return is ri...
Account Closed
Looking at Columbus OH For Rentals
I'm considering Columbus OH for my next set of rentals. I've heard that properties are affordable, the city is family friendly, the city is growing and is a better choice than many mid west cities when it comes to cri...
Abdenour Achab
How would you mitigate the environmental risk
I live in California, and bought a tax lien certificate (technically a Certificate of Purchase) on vacant commercial land in Arizona, sight unseen, at an online auction. It's 36 acres, assessed at about $100,000, and ...