Emily Jacobsen
Adding a Tenant to the Lease
I have a 5 bedroom house that I am currently renting to 4 adults and 2 children. One of the adults wants his girlfriend added to the lease. My question is do I increase the rent or security deposit? If so, is there...
Nicolas Dupuis
Using projected rents to qualify?
Hi, my wife and I are looking to buy our first property in the next 3-4 months. We want to buy a multi family of 2-3 units and house hack by living in one and renting out the other one or two units. My question is: ca...
Joe Splitrock
Interest Rates Will Affect the Real Estate Market: Yes or No
I have heard many different opinions on the subject. Some people strongly believe that higher interest rates will have no effect on housing sales or prices. Others believe it will drive down demand and cause prices to...
Kathryn Bowden
Help, Appraisal wasn't ordered - what do we do now?
I really need suggestions, as I have never dealt with something like this before. Appraisals in our county generally take over a month once scheduled. Therefore, most escrow times here are set for about 60 days. We...
Douglas Larson
What we did with a Self-Directed IRA . . .
About 3 years ago my Wife's 85K IRA was making mediocre returns and we decided it was time to use it for real estate, which we understand far better than stocks. We converted it to a ROTH and took the tax hit in a ...
Andrea Ochoa
Refinance vs HELOC? which one and why?
Hi everyone. My names is Andrea and looking to see what people are currently doing in regards to pulling your money out to move on to the next property. Just did a rehab I already on a property that has 2 homes in on...
Saurabh Arora
How to Maximize Rent Vs Mortgage Payment Spread
Hi Everyone,I'm a young professional who's saved up $50,000 and would like to start investing in rental real estate. I want to utilize as much leverage as possible so I am assuming a 20% down payment for a property. I...
Adolph Bellamy
L train and Brooklyn
Ladies and Gentlemen I have a somewhat general question. There is recent news stating that starting 2019 the L Train in New Yorks Subway will be undergoing maintenance for 18 months between the Bedford and 8th Ave sto...
Jason Eyerly
A Couple HUD Q's...
Can you use a hard money loan to obtain a HUD home that has been opened up to not just owner occupants, but anyone willing to bid? Also, are you allowed to go through with the listing agent to view the property and...
Brett Sorenson
Thoughts on SFH to live in long term
Out of college (5 years ago) I "house-hacked" a duplex (Minneapolis) and it worked out great. I am closing on a second duplex in July and a SFH rental in July as well. My wife and I (both of us are CPAs) are beginning...