The Real Estate Bowl

Is there any law in texas that have to live in the house i purchase for a year then i can rent it out?! I live in CA

I have a rental property that I want to be fenced on both sides. Is $4700 a good investment to fence the property, or because it’s a rental should I just leave it alone?

I’m interested in buying a home that happens to be behind a shopping plaza (the backyard fence shares the same wall where the loading dock of the plaza is, it looks like there’s a good amount of space… more

Do you all use cash basis or accrual basis for accounting for your rental property?

Before I buy it, can someone who has used TurboTax please help confirm if the premier version helps you calculate everything for a first time rental property (basis, depreciation, deductibles etc)? It… more

Duplex in another city 1.5 hrs away or a single family walking distance away from me for my first investment property

Anyone have success with real estate in California? I live in San Diego. I am looking for cash flow plus appreciation.

I only have a primary home. I would rather start near home first…

How does one go about buying a rental property in another city or state?

Do you invest in single family LTR deals that break even? (Rent pays all your mortgage and expenses). I’m investing in a class A area and with current rates I can only collect rent to pay expenses wi… more

Looking for a rental property in the greater Austin area, and I’m having a really hard time finding something with cash flow that makes sense. Extending my search as far as San Marcos now. Does anyone… more

I own a home that was purchased as primary residence in 2021, recently moved to a different state and that home is now being rented out as my first investment property. When I go to purchase another h… more

I have a contractor that is taking FOREVER to complete his job and it’s holding up everything else. Drywaller. Agreed to $1800 for material + labor and paid $800 thus far.

Can I just tell him not to c… more

Just accepted an offer on my first home it’s a 4 br and I plan on house hacking/ renting out the other rooms. A little background, I’m a 23 yr old single guy, currently renting a condo from parents wi… more

Closing on the first land investment soon. Intending on building a STR property there. 20% down 3Y ARM 7%. 760 credit score. Is this high? And would love to hear any advice from anyone who invested in… more

Good morning for those of you into Real Estate Investing (Airbnb/Rentals/ Fix&Flip)…

1. Are you Full time investor ?
2. How long did it take to become full time ?
3. What was your startup funding source (savings, cre… more

Are these competitive rates for loan of 1.2M?

option 1: 7 ARM at 5.25% with 25% down, credit of $5574

option 2: 30 yr fixed at 5.375% with 20% down, credits 0

option 3: 30 yr fixed at 5.5% with 20% down, credits $47… more

I didn’t get a grant even though I qualified for my first home purchase because we were in a rush to close or at least that’s what the loan officer told me. Is there a possibility to get one on my nex… more

We are locking in on a new home. We got the loan without rental contingency on our current home. We are confused whether to sell it, take equity or rent it out. Current home is in bay area and it fetc… more

Is there a good template which takes into account the tax advantages of rental property in ROI calculations

What are the different tax advantages
A. Interest tax deductible
B. Expenses tax deductible
… more

Anyone investing in new construction SFH rentals? How’s your experience been?

Has anyone ever bought a home out of state and moved there temporarily just to use an FHA loan and then move back? I live in San Diego, so as a single person it is extremely hard to buy anything other… more

What sites do most people utilize to find a room for rent or roommates? GF and I are splitting up (been together since college) and this is the first time I’ll be looking for a place. I work from home… more

In the process of purchasing our first primary residence and would like to learn the ways on savings/tax break benefits. I’m aware of the homestead tax exemption that could save a few thousands per ye… more

I bought a 1 bed/1 bath condo about a year ago as my second investment property. I've lived in it and made significant upgrades over the past year.

It looks like I'll be in the red a couple hundred dollars at the cur… more

Two homes in same price range(1.5m) in different neighborhoods. One is in desirable neighborhood with great schools and bigger lots 9k sqft, but older homes(80s or 90s).
Another home in new upcoming neighbo… more

I have a 3% interest rate on my home. I currently rent this home out. I am looking to purchase my second property. To make this purchase I plan to pull money out from my first home. Doing this will ch… more

What’s your opinion on ADU would be on backyard vs extending current house (multi family 2 units, large empty backyard, second floor smaller so there’s roof space beside the 2nd unit) ? Thanks!

I am closing on my first STR property next week. Any advice or things you wish you knew or had done before you got started?

Option A or B?
A: cheap rent at a duplex close to work/gym/entertainment/groceries/downtown but not in a super safe part of town. ~750 sq ft older home with some annoyances
B: expensive rent at an apartment complex… more

Our 100 yo rental needs new sewer lining done which would cost a little over 10k. There are other major projects that need done over the next year. Which credit card has the best cash back / benefit f… more

Not sure if this is the right bowl, but I just started my real estate pre licensing classes as a side hustle and just wanted to hear if anyone who is far ahead in the game what they would tell someone… more

Has anyone used Farrow & Ball paint? Is it really worth the premium?

I have 2 condo rental properties in the same building. I am trying to determine the purchase price split between land and building (for depreciation since land cannot be depreciated). My tax bills hav… more

Does anyone have a good template for calculating the cost basis for a rental property (for purposes of determining depreciation) that they'd be willing to share?

We are waiting to hear from our mortgage guy but i wanted to see if anyone here can settle an argument. If you have a mortgage on an existing home and want to get another and keep the original as a re… more

Seller paid down points for the purchase of my second home. It looks per the rules, like I can deduct these points if I subtract the amount from the cost vasis if the home - are there any downside now… more

Would it be worthwhile to consider not getting a realtor, finding homes yourself via MLS / Zillow and then using the sellers’ realtor so they’d get the whole fee and your offer would be more attractiv… more

Realistically, how many more houses do realtors have access to that I can’t find on Zillow. Looking at perspective realtors and she mentioned she had hundreds in the area that aren’t on Zillow. Is tha… more

Should I get French door refrigerator or side-by-side for my rental property?