$800000 price, 20% down. rent is 4250 and could be raised to 5200 minimum. All 2/1 units. 2beds are going from 1200-1500 per month in the area. These 4 are at 800, 1075, 1125 and 1250. Recently renovated, so no r...
I recently became a Pro on this website, so maybe I have missed the tool I'm looking for. I would like to be able to add year to year tax analysis to my real estate deal analysis to see how negative cashflow properti...
What are the must-know formulas that long-term (rentals) investors must know? For an easy example, everyone needs to know cashflow, which looks like:Cashflow= Rent- all expenses and reservesI started investing and edu...
Are wire transfer fees that were incurred with wiring earnest money and final down payment/closing costs to the escrow company deductible on my tax return? If so, what category would that fall under on the Schedule E?
I'm trying to start my career in wholesale real estate and I need help getting started. I've been doing a lot of research but i think i need help from someone with experiences now. Does anyone know how i would go abou...
I have thoroughly investigated the IRS website and still have a few questions I was wondering if someone could help me out with.
It appears that I qualify for some exceptions but after researching it's still unclea...
I work as a Dental Hygienist in NY. Have been working all through school and landed my career job a year ago. First 6 months was paid hourly, since Jan 2018 have been on straight commission pay.
Have tried multiple ...
I'm looking for off market pre-foreclosures in South Florida and have looked up lis pendens on the counties' records. I don't see where it mentions the amount that is still owed on the mortgage though. Where can I fin...
Hello all! I feel like I'm making a mountain out of a mole hill on this one and could use some guidance. In either case, it makes a pretty nifty high school math problem.I have a mortgage on a property with a PMI pa...
I got my first call back from direct mail. I'm hoping to wholesale this property to one of our few cash buyers(flippers). I want to make sure I am not forgetting anything important in my calculations. I currently have...