Michael Cronin
Should I re-fi my rental house
I rent my old house (was unable to sell house when moving to new house) and have a outstanding mortgage of 95K at 4.75 interest rate. I was looking in re-fi. Can do a 15 year mortgage at 3.25% and pay close to what ...
Babek Sandhar
Improvements that boost value by percentage terms
Hey all, I've been looking for the data to support this but it's hard to find at the moment. I'm wondering what improvements would you guys consider the most important and which improvements increase the house value t...
Sarah Lorenz
Combined purchase amount
If I sell an investment property for say, $500,000, using a 1031, can I buy two new investment properties for 200K each with 100K for repairs if it is wrapped into the loan?
Thai Chau
When would you want/need as-built surveys done during the investment process?
Admittedly, this is a self-serving question, as my “9-5” is operating a nationwide architectural as-built company. But I’m genuinely curious and wanting to prepare for when it comes time for my own CRE investments. Th...
Michael Bracken
Any tax diffrence? Renter maintnance or owner?
Greetings,Recently my renter replaced a swimming pool motor and gave me a receipt. We then deducted the renters out of pocket expense from one months rent. Typically I would have deducted the liability but claimed the...
John Irvin
Foundation repair - expense or depreciate?
Bought my first rental. Has some foundation repair needed. Looking at $10-$15k if I hire it out. Can I deduct this as a repair expense or will I have to depreciate it? Looking to keep as a rental. Also, I’m plann...
Paul M. DeAngelis
How to raise the rent?
BP,Just closed on a condo and inherited a tenant who is there on a month to month lease. She has been a tenant for a couple years and is very clean and always pays on time. It is in our strategy to raise the rent a co...
Arunabh Ganguli
New BRRRR Investor Looking for Connections in NYC
Hello! I am a new real estate investor based in NYC and attending NYU Stern. I am interested in buy-and-hold single-family homes, potentially multi-family if it is a good deal, and I am looking to implement the BRRRR ...
Raden Mantuano
Need help determining the right offer for Triplex!
Hey guys! Thanks in advanced for any assistance on this. Here's the scenario: Seller Asking: $89k (Based on NOI/ Cap Rate, it seemed to be the FMV)Units: 3 Unit Mix: Three 2 Bedroom / 1 Bath Units. Current Rents: One ...
Emmett Kelly
Home Improvement Courses
Hello,Does anyone recommend any home improvement courses in California? I was looking into taking some general contractor or construction courses so that I can do more myself with my properties.How have people had suc...