Hello! I have around 200k willing to use for investing. I can’t decide if I should look for a place out of state as rental or pay down payment for a house in bay area(where I live) and rent part of it out. Or purchas...
I have a condo in Fort Lauderdale I use as a vacation home that I would like to AirBnB while not using it. Personally, I have never used AirBnB. I understand the idea of it and why it is so successful but I do not u...
Hi guys,
first timer on this website. I just recently signed up a few weeks ago. I am currently debating on whether to sell my rental property in beaverton oregon (formally my first primary home) or to keep it rente...
My wife and I just moved into a house on a 1/2 acre lot in Fresno with large detached 3 car garage with a kitchen and bathroom on the back of the property. My goal is to convert it to an 1100 sqft second house (which...
Please advise , on duplex
Asking price 90k
2 units currently rent for 775= 1550
Tenants pay all utilities
Annual taxes 2000
Homeowners insurance is 150 a mouth
This Duplex is in metro Detroit
This is my first...
I have a problem with tenants not telling me of things that may be wrong and by the time I find out it's become a major issue.
Things like a roof leak that finally makes the sheetrock come down.
I ...
I've got a Memphis TN rental that just went vacant and I got a turn bid that included a line item for replacing all the floors in the living spaces minus the bath and kitchen with LVP. A few of the rooms have old woo...
I have been looking at multifamily a lot and ran into a 4plex property with a goos cash flow statement that was a slam dunk it seemed, but each unit was 1bed 1bath. Is it hard to find long-term tenant for this? Or am ...
I have a flip that is about a week from being finished, and now I’m afraid I’m stuck with it. Are there still buyers writing offers? I am in western Michigan. My fear is if I ride this out a few months, even if thin...
Hi all,
Wanted to pose an interesting question for feedback:
Is there anything in IRS section 121 that speaks to the impact on holding periods when there is an increase in ownership interest in the context of a prop...