Christina Tkacs
Calculation question... first timer
I'm running some calculations on a duplex that I'm looking at, and things don't seem to be adding up. This is my first real estate venture, so I want to pose the question to the community for advice.The duplex is in ...
Christopher Albritton
What is a Seller Carryback?
As I understand it a bank will loan 80% to the investor directly, and then the seller takes out a 20% loan to finish off the remaining amount the investor couldn't muster up. Is this correct, and if so how would th...
Sam Leon
Tenant accommodation during invasive repairs
So I have a rather tricky situation that I need to resolve at a rental condo. I own one of the units out of a total of eight in the building.There is a copper drain pipe leak inside the common wall between my unit an...
Chris Brenner
Rent to not ideal tenants?
Hello! My wife and I are new to the REI scene and actively looking to make connections, deals and grow our portfolio. We just recently bought a duplex and am owner occupying. The tenant side was already rented out and...
Robert Raffalo
How is the 1% rule calculated? Can someone share the inputs?
Is the 1% Rule simply calculated as: Monthly Rental Income / Home Purchase Price?
Justin Fox
Capital Expenditure depreciated over life of property.
So say you've been depreciating a property for 10 years. Year 11 rolls around and you completely replace the roof. Does that just increase the remaining depreciable balance (basis) for 17.5 years? Or do you deprec...
Kenneth Garrett
Do you accept Section 8 Tenants
I am asked on my rentals if I take Section 8 tenants. I never say no, I always say it depends on the financial numbers. I have never had a Section 8 tenant apply. What has been your experience with Section 8 tenant...
Elaine Hester
Yikes—entity fees potentially killing my cash flow, help!
Yep—another newbie here, wondering what I'm missing ... I have only recently learned that owning my properties free and clear puts me in a more vulnerable position for liability and know now that I need legal asset pr...
Stephen Hall
Good Buy? Getting Cold Feet!
Hi All,I am new to RE investing. We recently moved out of our first home in Lehi and bought two new properties in American Fork. One home is our primary residence (that we already live in) and the other is our first r...
Peter K.
Seller trying to use tactics on me? What do you think?
So I placed an offer on a SFR, the listing agent told me through my agent that "The seller has received a second offer on this home and is requesting a 'highest and best' offer from the buyers by 5:00pm tomorrow" . Ho...