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All Forum Posts by: Vasanth Waran

Vasanth Waran has started 3 posts and replied 6 times.

Post: Lexington, KY - Multi-family Market

Vasanth WaranPosted
  • Investor
  • San Diego, CA
  • Posts 8
  • Votes 1

Hi David - did you invest in the KY market? looking for your feedback/thoughts? i am also based out of the San Diego area (Sorrento Valley). 

Post: Cincinnati Area help

Vasanth WaranPosted
  • Investor
  • San Diego, CA
  • Posts 8
  • Votes 1

Hello

I am looking to invest in the Cincinnati area - specifically around Univ of Cincinnati. I am new to investing in that market and wanted to know a few things:

1. What is the general area in the mile radius around UC like? Is it a typical college area with restaurants and relatively low crime?

2. Is this a good rental market to invest in? Will the demographics be confined to university students or is this vicinity amenable to working adults as well?

3. What is the typical rental return on a 750-1000 sq ft SFR? Would it be around a $1/Sqft in terms of rent?

4. I am also looking for real estate agents to represent me in this area - please respond to this message and i will DM you.

Thank you

Vasanth

Post: TwinHome - pros & Cons

Vasanth WaranPosted
  • Investor
  • San Diego, CA
  • Posts 8
  • Votes 1

Thanks Israel - but in a hot market, the re-sale is not so hard i see. Do you agree? 

Post: TwinHome - pros & Cons

Vasanth WaranPosted
  • Investor
  • San Diego, CA
  • Posts 8
  • Votes 1

Hello

I am looking to purchase a TwinHome in an inflated market (I have weighed the pros & cons of renting vs buying in this hot market) in San Diego. What is the general opinion on Twinhomes vs Townhomes vs SFR? I see significant appreciation in Southern califorina for Twinhomes and it is comparable to SFRs. Is this purely a So-cal phenomenon or do Twinhomes appreciate in other markets as well?

I look forward to hearing from the experts here. 

Thank you

Vasanth

Post: Real estate tax breaks

Vasanth WaranPosted
  • Investor
  • San Diego, CA
  • Posts 8
  • Votes 1

Hello

let me first briefly introduce myself - i am a San Diego resident with a couple of properties in the Phoenix area. I would consider myself a newbie investor and still learning the ropes of the RE game. I just filed my taxes for 2015 and realized that i am not getting any breaks for the RE properties that are solely considered a passive investment and hence i am unable to offset some losses with my other gains. I would like to consult with the experts here on understanding what breaks are available for RE investors and whether they require active management? Would becoming a licensed RE agent become the logical next step? What are people's experience with tax breaks for RE investments specifically passive ones?

Please let me know your thoughts. I look forward to your responses

Thank you

Vasanth

Post: Arizona Real Estate

Vasanth WaranPosted
  • Investor
  • San Diego, CA
  • Posts 8
  • Votes 1

Hello - does anyone know if you can be an off-state resident (with no RE license) and take the RE license test and be licensed to operate in AZ?