Hi BP of Boston,When you consider rent increase, what factors do you base your decision on ?

Bookkeeping when it comes to real estate investments can get tricky.I often find the following mistakes occur1) They fully write off the mortgage payment when in reality the mortgage payment is broken down into Interest, principal paydown and an increase into the escrow account.2) If the property is managed by a PM company, do not factor in the PM Statement3) do not calculate depreciation expenseBest of luck in your search for a proper bookkeper.

The rates are usually tied to prime and LTV plays a factor as well for the best pricing.  

If a dog is listed as German Shepherd even though it is also part poodle, German Shepherd is the breed you go with.You can reject animals based on breed, size, and other factors.

For first-time or newer investors, lenders tend to be a bit more conservative with leverage and rates because they consider experience a key factor in risk assessment. 

The biggest factor in what things will be in coming months and years will be which of these are actually executed upon. 

It would take you approximately 11 years (not factoring in rent appreciation) plus that doesn't factor all the systems you mentioned that need replacement.

Understanding the IRS Section 179 Election to Expense Depreciable Assets is crucial to making the most of your tax strategy.This provision allows taxpayers to expense certain qualifying assets upfront instead of depreciating them over a period of years.However, there are several factors to consider when using this tax tool.Let’s break down how it works:What Is Section 179?

If a buyer is coming down with a high-down payment and quickly making a large deposit into escrow fighting tooth and nail about proof of funds may be a red herring.Credibility is also a factor here.

That was kind of my thoughts is I got quoted for 8.9% on a HELOC but running the numbers on a long-term rental just doesn’t make sense. buy more doors and let rent and debt pay down and equity do its staying overtime but there’s also a lot of pucker factor if everything doesn’t go according to plan.