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3 February 2025 | 5 replies
If it's the difference between $1800 and $2200 but you have to cover utilities too, not worth it.
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7 February 2025 | 13 replies
It’s taken me 5 years to get here and it was worth every second of effort, pain, fear, and risk.
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2 February 2025 | 14 replies
and what do you owe and what do you think the property is worth?
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25 January 2025 | 7 replies
I know I could have a family member co-sign a mortgage with me but not sure the best way to approach that conversation and what incentives I’d be able to offer to make it worth while for them other then their “familial duties” haha.
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17 February 2025 | 61 replies
Well worth the commission to find a good deal or stay away from a bad one.
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1 February 2025 | 9 replies
The pricing for Real Estate is way out of whack due to no supply so everything is over priced right now and not sure if worth the house hack.
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5 February 2025 | 5 replies
Maintenance/cap ex, insurance, if a rental PM, bookkeeping, misc.The fact you have a loan means 1) leverage 2) equity pay down.In addition, there are tax benefits.So I will do some rough underwriting as an OO non-rental at 95% LTV (because FHA has some undesired consequences that make the 1.5% difference in LTV worth avoiding the FHA).equity paydown: 20% (using OP interest rate at 95% LTV and not counting closing costs).
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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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10 February 2025 | 16 replies
So the average home was $100-$110k, I put down $20-22k, and 10-15 years later they are worth $420-$600k and they are paid off.
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4 February 2025 | 1 reply
Also know that upon sale sometimes the presence of more water meters increases value.Curious to understand the forum's opinion on the best water meter configuration given costs OR if it’s just not worth it and I should leave the one master meter and stick with RUBS on all 4 units.