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20 January 2025 | 7 replies
In that time if you are netting $1,500/month - that is $54,000 worth of rental income you would make over the next 3 years.
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24 January 2025 | 6 replies
There were newly listed properties that were worth looking at and most often properties that had been listed for awhile.
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27 January 2025 | 17 replies
You likely only need to do the past 3 years worth for IRS purposes.You may want to see if there is a way to export transactions from QBO to excel and then import transactions from excel to Rentastic.- Unfamiliarity of software with my Bookkeeping and Accounting team.Altough not ideal, you may want to pay and do bookkeeping on both platforms for 3 months to see if you 100% want to make the switch.I still use Quickbooks, but the desktop version, it runs perfectly for all my bookkeeping needs.
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28 January 2025 | 3 replies
2. how to know where to find a B,C,D areas\neighborhoods in cities\ countries.3. how do I know if a property is worth the checking\ buying?
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2 February 2025 | 0 replies
Given that the property was worth $390K in its current condition, I saw an opportunity to make the numbers work while keeping my upfront costs low.Instead of increasing my cash offer, I negotiated a $25K down payment with the seller carrying the balance for two years through owner financing.
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23 January 2025 | 7 replies
What is your current SFH worth, and what LTV is the lender quoting you?
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4 February 2025 | 7 replies
Upgrading isn't worth it if you are planning to rent it out(generally) unless you were planning on doing a refi or sell it.
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26 January 2025 | 2 replies
We bought it for $399k, and it’s now worth about $650k with $250k equity.
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16 January 2025 | 5 replies
Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.
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30 January 2025 | 13 replies
If you hate the process of placing tenants, it may be worth it to hire a property manager to handle tenant placement for you.I think finding a new tenant is a better long term strategy if you're confident you can find a higher quality tenant that will cause you fewer headaches.