Jeremy Luster
Need quick advice/help on leveraging finances
My wife and I are in the process of starting our rental portfolio. We're scheduled to close on a property soon but wondering what's the best way to leverage our money for the down pymt. We currently have a Heloc ava...
Syed Zafar
How was your first house-hack?
curious to know for those who house-hacked, what was your general experience, any lessons learned? what were the primary things you looked for in a house hack in terms of return on investment?
Catherine C.
Moving money from LLC bank account to personal Roth IRA
Hi All. What is the best way to do this? There is money in our business LLC bank account, however we'd like to transfer $6000 (the annual max) to a personal Roth IRA. Any tips appreciated, thanks!
Adam Melon
Deal or no deal? House hack
Deal facts:1. Purchase price 925k on a triplex in Westchester County, NY2. Rental income in other 2 units is $4360. I can probably bump it to even $4500 between both.3. Basement can be converted into a 4th unit. Right...
Robert Campbell
How do you determine Market Value if there are no Comps??
Hi all, Very new to real estate investing but I am learning. I want to buy my first rental property but I am concerned that my asking price may be much higher then the banks assessed value when determining mortgage a...
Jim Cummings
Question On 1031 Exchanges
A Question On 1031 Exchanges for the 1031 Experts on the Forum.
BACKGROUND:
Sold Investment property in 2016 netting around $225,000. Money deposited with 1031 Exchanger. Bought 2 properties with 1031 proceeds. Paid...
Kenneth Silva
Maxing out income on cape cod vacation rental
I'm seriously considering getting into vacation rentals on capecod. Falmouth Ma to be more specific. My concern is with the shorter peak season in the northeast which I believe is around 10 weeks in the summer. It wil...
Zane McLaughlin
Tenants Sharing Utilities
Okay so I closed on a single family home 3 bd 2 bath, and we are looking at renting out each room to unrelated tenants for around $250 a month (perhaps more for the master bedroom). I was thinking of just charging eac...
Derek Daun
Refinance a cash purchase? BRRRR and the 5th mortgage,
I'm wrapping up my third BRRR, which puts me at four total mortgages including my primary residence. I'm looking ahead towards property number five, and trying to figure out how that fifth mortgage might work out. Ba...
Account Closed
Estimating cap rate?
Hi all, a long time ago I read of a simple way to estimate the cap rate on a property, divide the gross rents in half then divide by the value or asking price on the property.I'm curious, estimating expenses as half o...