James Park
Qualifying as a real estate professional for tax deduction purposes
I would like to qualify as a real estate professional in 2012, but i know the minimum hours you need to spend on real estate activities is 750 hours. I did not spend 750 hours in RE activities in 2011 to qualify. From...
Derrick Dill
HOA not allowing ADUs (California)
I've been researching townhomes to possibly purchase and want to check in with them regarding if they can build ADUs, if I can convert them and I've got push-back from HOAs stating ADUs aren't allowed (California). AB...
Igor Z.
First primary residence/investment property purchase question
Hi Everyone!Iam currently looking at purchasing my first primary residence that is a 2 family with a 1 bedroom rental.Seller and myself are going back and forth on the purchase price. The property is in Staten Island ...
Choon Yee Dee
Max Allowable Offer for Fix and Flip
What’s up everyone!? I have a question regarding max allowable offer.
(ARV x 0.70) - rehab cost = max allowable offer
Example: ($900,000 x 0.70) - $100,000 = $530,000.
My question is, why do I have to subtract the ...
Kelvin Ortega
Renter to Buyer/Landlord
I want to finally own my first home and buy a 2nd to rent out. Which is the best route to do so? 2 Apartments? Multi Family ? 2 Condos ?
Jeremiah Struble
Analyzing a multi family property
Hello all, I’m looking for a few helpful pointers when analyzing a multi family deal. I am currently looking at an 8plex unit and am trying to see if it is a deal or not. What are some of the main things I need to lea...
Jake Faulkner
Arbitrage in Austin, TX ?
With the STR operating license guidelines, one has to own the property in order to rent it out for less than 30 days. Does anyone know a way around this?I imagine people or doing it anyways and just gambling on not ge...
Brian Plajer
LIHTC multifamily experience
Hello,
I am looking at a 32-unit property that is LIHTC (low income housing tax credit). Does anyone have experience with LIHTC properties? I am wondering how rents are determined and how often they adjust? Any oth...
Brandon Huneryager
Broken Arrow Oklahoma
Investment Info:
Single-family residence fix & flip investment in Broken Arrow.
Finishing up a 2000+ square foot remodel in Broken Arrow. Has a new roof, new HVAC, flooring, and Granite counters.
...
Steven Gillmer
HML v. 401k Loan
Ok, so I am currently searching for a property to BRRRR in Memphis where I currently own 2 properties. I can fund the deal with cash + a 401k Loan or I can use a HML. I can afford to make payments on either and the 40...