Jake Baron
Tax incentives for small multi families
Hello!Two part question: Would somebody mind providing a brief overview of the tax savings of purchasing a 2-4 multi family in the first year of purchase as owner-occupied. For example: If my W2 income is 100k and the...
Amanda Scully
Bookkeeping and Bank Account Question
Hi everyone,
Just a quick question about bank accounts and bookkeeping...so, with rents coming in and having to account for regular expenses as well as cap ex on each property, etc. do you end up having multiple ban...
Jessica Grimm
Order of operations for multifamily purchase
We have about 15 SFH properties that we've acquired over the years but we've not delved into multifamily. We are looking at a 11 unit apartment complex. I need the rental agreements, etc to run numbers more accurate...
Mary J.
Sale of MA rental- Are any statements to tenants required after?
Good morning,This is the first rental I've sold. I have already provided the tenants with the new owners name and phone number, but I got to thinking, shouldn't I provide the tenants with some sort of statement that ...
Surinder Hothi
property management team
Hi Everyone can some please help me or recommend me a good property Management Team in Kansas City MO
Dale Viljoen
Would changing all floors in a property be worth it financially?
I have been doing a lot of property scouting and found a area that I believe would be great for capital growth. However, a few of the houses I am looking at have really bad floors: Would it financially make sense to c...
Kyler Venson
Just bought first place in Hampton Roads area and very nervous
Hello everyone, i just purchased a condo in the Hampton Roads area with a VA Loan so i will be living in it for the first year until im not required to do so anymore and can rent it out. I purchased a beautiful condo ...
Rick Reed
Seeking advice on first rental with existing tenants
I'm trying to decide how best to approach an offer on my first rental purchase. The seller's agent states that the existing tenant would like to stay on a month to month basis, but has no application from them, the...
Neguiel Hicks
Renting Current Home Question
I am at a cross road here and not sure what to do. Have a home under mortgage with about $80k in equity. I have 2 options1. Refinance my home and rent it, of course getting into a second with the eventual goal of repe...
Bienes Raices
Large lot, small house
I've seen some posters on this site mention that they buy mostly "for lot size".
Does this logic apply to rentals? There are many houses in this area that were built shortly after WWII where the house is small (less ...