
13 October 2024 | 19 replies
That means I'm in the unit a handful of times each year, and it helps me stay on top of maintenance WAY better than I could with an LTR.
11 October 2024 | 27 replies
I have been doing DSCR loans for 10-12 years back when they were called cash flow loans, so when they fit they are a great product (even without the nonsense unlicensed DSCR only brokers say about them like the not on credit report BS) but they are NOT as good as a conventional if one qualifies.

9 October 2024 | 3 replies
I’d appreciate any insights on whether Sacramento is a good fit for these goals.1.

13 October 2024 | 54 replies
Since the Utility Bill will change each month, each tenant's portion will also change each month....Easy Example: Say we manage a 2 family with 6 tenants/residents in total: 4 people living upstairs in Unit 2, and 2 people living downstairs in Unit 1: If January's water bill for the whole building is $100, then February's Rent for Top Floor Unit 2 would have an extra $100 x 4/6th (or 2/3 rds) added on = $66.66February's Rent for Bottom Floor Unit 1 would have an extra $100 x 2/6th (or 1/3 rds) added on = $33.33I always send each Tenant a copy of the entire building's Water bill, plus a cover page with a detailed explanation of the billing-breakdown.Make sense?

11 October 2024 | 7 replies
This guide will walk you through the steps of conducting your search so you can narrow it down to your top three choices.

10 October 2024 | 5 replies
That will help other investors who are looking to partner, to get a better sense of what you're looking for and if it fits their needs.
10 October 2024 | 0 replies
These factors may include:Rental incomeBusiness incomeWork bonusesPensionsInvestmentsOne thing to note is that many states allow for deductions from gross income for things like:Property taxesUnion duesAside from monetary obligations, some states also factor in the following:How much time the child spends with each parentCosts associated with health insuranceThe age of the childChildcare costsHow To Calculate Rental Income For Child SupportIf you’re wondering how to calculate total rental income for child support purposes, the payments are based on several factors, but in a nutshell, here are the top three steps that should take place.Determine gross incomeFirst, how much cash is the rental property bringing in?

11 October 2024 | 11 replies
On top of that, Section 8 tenants are more trouble than the average paying tenant, and they are more likely to create costly turnovers when they eventually leave.

13 October 2024 | 11 replies
Depreciation is going to still be offsetting cash flow quite a bit - when you accelerate depreciation, it doesn't technically do absolutely every depreciation item in year one, so there still is going to be quite a bit of depreciation to offset your cash flow.On top of all of this, the tax benefits largely are going to come in year one to offset your income.
11 October 2024 | 11 replies
If you are only planning on living in it for a year or two, your payment relative to the market rent should be top of mind when looking.