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23 January 2025 | 0 replies
There is a single family home that was divided and one half has been rented and an ad on small "house" that has also been rented mostly long term.
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19 January 2025 | 7 replies
Live in one half, rent out the other.
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24 January 2025 | 10 replies
Looks like most every other all in one management tool.
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21 January 2025 | 3 replies
I'm a retired engineer and have been successfully using income from these houses to support my retirement without dipping into retirement savings.I'm transitioning my business from rentals to a franchise and would consider selling one of my houses (5 br/4 ba - the other houses my son while he's still attending).
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21 January 2025 | 6 replies
Actually, it is possible do structure a 1031 Exchange on the sale of one or more relinquished properties and then using the proceeds through the 1031 Exchange to construct improvements on real property you already own.
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24 January 2025 | 7 replies
@Tori Rhodes faster ways to scale:Buy a portfolio from another investor- Get seller financing from a savvy one that doesn't want capital gains hit!
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20 January 2025 | 14 replies
Quote from @Erick Pena: A "good" rental property is one that covers all expenses (mortgage, taxes, insurance, maintenance, property management fees, and any other costs) and still leave a surplus (commonly referred to as cash flow).Calculate cash flow as: Cash Flow = Rental Income − Operating Expenses − DebtThere's much more to it, but that's the basic idea.
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29 January 2025 | 11 replies
Newsom signed that order post-LA fires making it illegal to increase rent beyond 10% in those areas impacted by the fires (one source: https://www.washingtonpost.com/business/2025/01/25/la-county... )If I understand you correctly, you're saying that PriceLabs is behind the increase in rates for your properties, taking them to either 10% or beyond of an increase which I'm sure is something someone on their board or engineers must be aware of- as an issue.
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28 January 2025 | 12 replies
Ex, can't get one through Chase bank here, but went to our local Credit Union.
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22 January 2025 | 3 replies
very high risk even I only do them with very specific investors in mind and a plan. we dont flip land we develop every one.