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13 February 2025 | 8 replies
If not rented at fair market rent, this property will just count as your residence, not a rental for tax purposes.Structuring the property under an LLC or land trust could trigger a due-on-sale clause, so check with the lender before proceeding.To minimize risk, consult a CPA for tax strategy, weigh financing costs, and draft a legal rental agreement.
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12 February 2025 | 3 replies
Quote from @Marcos De la Cruz: Thanks for the reply but I'm interested in reviews pertaining to that company and the properties they sell to investors.Not really considering them for PM.
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19 February 2025 | 171 replies
As for the increase in rental potential on the properties.
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14 February 2025 | 5 replies
The same goes for PMs and companies selling properties.
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15 February 2025 | 15 replies
Of course, I had to make additional assumptions about the cost of property taxes, insurance etc.
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21 February 2025 | 12 replies
TLDR: Quicken (quickbook’s little brother) is super easy, cheap, and still overkill for someone with less than 20 properties.
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17 February 2025 | 6 replies
Metro, and the expected spike in rent growth in the D.C. metro over the next few yearsSummary:After analyzing the data outlined below, I believe that investing in a value-add, multifamily property today has very strong potential for success.
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14 February 2025 | 1 reply
That’s your home mortgage interest as well as property tax and insurance for 2nd half of the year.
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10 February 2025 | 6 replies
Occasionally I'll see properties coming on the market where the seller has a VA loan with a low interest rate.
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11 February 2025 | 183 replies
My goal is to have 3 rentals on the property.