Hi Everyone,
I just attended my first local real estate investment meeting. It was a very good experience to meet others, as well as keep up to date with the latest trends.
The group leader, who is also a real es...
Hi folks, I just purchased a 5 unit mfh, with rents well below market. One of the tenants just qualified for section 8 assistance, and was asking me if I could start accepting it. I’ve been reading up on the rules, an...
Hi,
I am interested in a 4-plex that is right across the street from one of my other rentals and in a very good rental area. Here are the numbers:
Purchase price: $340K
Downpayment: 20% (68K)
Monthly mortgage payme...
Hello BP,On a BRRRR when refinancing, do you just go through a normal bank and ask for a conventional loan or do you go to a commercial bank? What if you cannot get a 30 year fixed? Would you still do the BRRRR with a...
Hello,I’m looking to have cost segregation done on a valuable single family rental property.The price we paid for it less than the land is just over $500k which is the limit for some software.I’ve gotten estimates for...
Hi everyone.I'm a super beginner, so pardon me if this is a silly question. I'm interested in some ballpark figures on a couple CPA related questions:1. How much can I expect a CPA to cost to do my taxes, if I have an...
Hey guys, so I need some advice. My wife is an attorney and works from her office in our house in Atlanta,GA. We have discussed what we would do when she out grows our house and we have decided that before the year is...
The first step of any real estate deal is securing financing. Any grand real estate plans you have are based on your available capital. It will directly impact the market you choose, the purchase price, repair budget ...
Hi I’m a new owner of a duplex in California for over a year. I inherited a section 8 tenant (by choice) who was on a month to month lease playing below fmv. I immediately gave her 60 day notice of rent increase, to f...
So I'm looking into investing in a duplex with a close friend and I'm not sure how to go about the deal.Here's what we're thinking: he finances the loan, and we each contribute 50% of the down payment (around $18k eac...