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Brief background - My family will need to 1031 a property in the near future and will need the income to live off of. I'm already managing 2 of their rental properties and will not have the capacity to do a third. As ...
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I have just spent the last 12 days in hell dealing with US Bank for a loan on a condo investment property. I would steer far far far away from them. Yes, they drew me in with a very low APR and points, but the proce...
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Hi, My wife is Allison, I'm her husband David. We have a 3 rental unit in Park Slope, Brooklyn. The 15 yr mortgage will be paid off in 3 years. Right now we have 90% equity in the house. We'd like to make another ...
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Here is the situation,My wife and I are at a point where we cannot buy/manage any additional properties. We are starting to look into paying off mortgages. The question is should we payoff the ones with the highest ...
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Hi, I sold a rental property that was rented for 16 years in CA this year. The net capital gain was $480,000. Depreciation taken was $100,000. Escrow already withheld CA State tax. I'm retired in FL with $25,000 socia...
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FolksWhat would one do with 1Mil or 1.5Mil Cash? Stock market is flat this year. I have a 4 unit multi family and understand Berkeley/Oakland Market. I don't mind moving to a large Unit size property. But this is...
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So, I did the housing hack, buy a duplex, live in one, rent the other out, and it's going really well so far, I'm super happy I finally took the plunge.I got an insane deal on the duplex, although it did need some wor...
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I bought my house 5 years ago with the intent to live in it for a few years and then turn it into an STR. Unfortunately, recent regulations have made it so that I can no longer STR in my neighborhood. I have about $25...
Deciding when to sell a rental property can be one of your most challenging decisions. The problem is that real estate markets are constantly changing. Selling a rental property too soon could mean missing out on a pr...
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So I am deploying in a few weeks to afghanistan and did a bit of number crunching to see what I -might- have by the time I come back in 9-10 months.
I currently have 35k in the bank.
I make 5.5k a month without depl...