Jessica Shelley
Starting Out Need advice on first investment.
First investment property....this is the Deal. A duplex 2- 2 bed 1 bath, a double wide 3 bed 1 bath, a primary residence 3 bed 2 1/2 bath, and an ADU 3 beds 1 bath. The concerns I have are as follows... the original o...
Randy Mattila
House-hacking a fourplex
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Kennewick.
Purchase price: $335,000
Cash invested: $20,000
Sale price: $485,000
My wife and I purchased this (C class)...
Christopher D.
Pass on Security Deposit to Next Tenants?
I have a 3 bdrm/3bth condo currently rented out by 3 tenants, who have lived there for two years. Their lease is ONE lease, co-signed by the three of them (NOT split up into separate leases). Their lease is up at th...
James Lusk
Decommissioning an oil tank
I am putting an offer on a home in Lake Forest Park, WA built in 1916. The home used to run off oil but has since switched natural gas. The owner claims the oil tank was decommissioned but can't seem to come up with d...
Steve Bronder
Remodel and Refi while rates are low?
I currently have a HELOC on my personal home that I mainly use to BRRRR rental properties with. I'm considering renovating my kitchen with my HELOC and rolling it into my mortgage to refinance while rates are low. I'm...
Nick Gavrilov
How soon may I sell a new construction ?
Hello everyone! I’ve built a new home and would love to sell my home after the 2hr mark. I asked around and been getting multiple answers from realtors, builders and CPA but don’t have a clear answer on when my day 1 ...
Krystal Ahn
Partial 1031 - New York City
Hello,I am planning to selling my investment property in NYC cost $721,000est. selling price $1,000,000mortgage left $350,000accumulated depreciation $100,000And buy an investment property with a value$400,000The rema...
Zach F.
Facebook Group Page for Each MFR
Hey guys, want to do some brainstorming on this idea. I am thinking about creating a Facebook Group/Page for each MFR we own/manage. What I envision is inviting each resident to the page/group for each separate MFR ...
Marie Shultz
Do I write lease for co-signer or other?
Parents are willing to guarantee the lease for grown son (+his girlfriend and their son). The parents will not be residing in the home. Do I write the lease for the son and girlfriend with the parents as co-signers ...
Giana O'Neal
HELOC before purchasing investment property
Good afternoon, I am a newbie with a SF and a MF. I have about $250K worth of equity in the MF, which is my primary residence. Can I apply for a HELOC and a new purchase for a MF at the same time?