Brandon Wallace
BRRRR Confusion! Please help!
5 February 2022 | 2 replies
Now that doesn't mean you won't be able to buy a normal duplex with 3.5% down that doesn't need any rehab.
Susan O.
Refinancing after a 1031 exchange? Back to Primary 2/5 yrs?
2 February 2022 | 3 replies
Any property that is a rental before it is your primary is done on a prorated basis.
Abraham Alemnew
High School Student in Expensive Area
4 February 2022 | 6 replies
Drive for Uber or engage in your city/neighborhood in some way on a consistent basis to really learn your market and know where the money lies.2.
Michael B.
I have a question about the BRRR strategy?
5 February 2022 | 5 replies
For example, a normal Hard Money Lender (HML) will lend us 70%-75% of a property's After Repair Value (ARV).
Joseph Morales
Renter Destroyed Property
7 February 2022 | 8 replies
The adjuster will differentiate between normal wear and tear and damage.
Johnathan Simeroth
Bonus depreciation on a project split between 2 years
11 February 2022 | 5 replies
So for 2021 I’ll report a capital improvement that gets added to my cost basis, and then in 2022 I’ll depreciate the value of property with <20 year life.
Darvin Johnson
How Do You Handle Capex & Reserves?
9 February 2022 | 5 replies
I try to keep 6 months per property worth since that's normally what banks want.
Matthew Malley
Primary Residence and LLC
11 May 2021 | 2 replies
I wanted to cover all my basis but when you put it like that, it seemed so obvious lol i really appreciate the clarity.
Lizbet A.
What to message inquiries?
11 May 2021 | 3 replies
When someone expresses interest in applying, I let them know if there's already an application (or more) on the rental and that it's a first come, first served basis.
Michael Johnson
Pros and cons of section 8 tenants: Chicago
21 May 2021 | 19 replies
To your point, that is all lost income and not to mention you need to pay for any inspection past the 1st one (no clue how much section 8 inspections cost opposed to a normal inspection).