All Forum Posts by: Kenneth Moerschel

Upstate ny for example? Is it a big home? A unique home? Is how do u know what will be a good deal? Stay within a budget or spend more ? For example a 200k home will rent for 120 per night but a 250k is 200. So that’s a better deal.

Any one has stories where it has not worked and or ones that have. ? Can you share lessons learn?

@Troy S. Thanks for the advice. Appreciate it!

@Jared W Smith thanks for the reply 👍🏼

@Don Gouge thanks for the reply 👍🏼

@Patrick Allen ok thanks I will definitely let you know. Thanks!

@Greg Downey thanks for the input! Appreciate it!

Hello All! Looking for some advice on how to handle a home that has two mortgages and I guess one is due for full payment or refinance? Does this make sense? Is there a way to condense the two mortgages to one or is there a better way to make this situation more manageable. The property is located in Tucson Az. Thanks in advance!

I have a contractor who reached out to me and wants to partner with me.

he wants me to secure the property and pay for the material and the work but wouldn’t that just be me hiring somebody?

what should be the percentage of what I should and once we do a flip?

The area were looking to invest is Philly Pennsylvania. Newark NJ etc.

I live in NY and have my taxes as a NY Resident. but Bought a property in Maryland.  Can i deduct all my expenses for this property on schedule E for example and use the loss to reduce my taxable income?  Does anyone know if i can reduce all the time i have to go fix the property ...trying to figure out if its easier to hire a management firm.  Thank you. 

Hey Dennis,

What criteria do you look for when you decide to invest in a property in the Sharon area? As I posted about my friends place he is possibly open to selling. He is curious as to how much he could get for it "As Is." Of if he should make it into a project and fix it up to be livable for a rental. 

Thanks for your time! 

Ken