17 February 2026 | 22 replies
This is not a fee though-it's basically a forced savings account.
28 January 2026 | 12 replies
There is a basic challenge with your plan😣You can only have one FHA mortgage at a time and ALL owner-occupied mortgages require minimum 12 months of occupancy before you move out and convert your unit to rental.Â
25 January 2026 | 42 replies
Basically you are identifying items that can be depreciated over a shorter useful life.
28 January 2026 | 17 replies
Everything is basically a second hand opinion from someone else.Â
9 January 2026 | 5 replies
We’ve tried to keep the rent competitive with the average in our area, while still pricing it at a level that makes sense for us as owners.My fiancee is also a real estate agent, but she recently put her license on hold as she’s pursuing a career path that should help us reach our financial goals faster.Before using a real estate agent or a property management company, does anyone have any tips or tricks for getting more exposure on the property?
24 January 2026 | 25 replies
@Jenning YuYou opened a can of worms :)Â Â Thumbs up for getting into these high-end technicalities and understanding the basics.
25 January 2026 | 12 replies
Basically their dogs cost me thousands of dollars to finally sell it and then I had to discount the property.I had another property I was trying to sell and the house next-door neighbor had a couple of dogs in a small front yard.
15 January 2026 | 6 replies
Basically property management with some a la carte options.Â
10 February 2026 | 25 replies
I don't know the final outcome, but at the point I met him, he was over $35,000 into mold removal and still couldn't obtain a clean mold certification.Important ConsiderationsMaximum You Can PayHere is a basic formula for determining the maximum price you can pay for the property:Purchase Price < Sale Price – Closing Cost – Renovation Cost – Project Management Cost – Carrying Cost – Cost to Sell – Profit – PadBelow is an example showing how you would determine the maximum price you can pay for a property.Sales price and time to sell and close: Be very conservative when estimating the property's sale price and how many months until escrow closes and you receive the funds.