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1 March 2024 | 6 replies
This gives you an idea of the rent amount and general demand.Comparable rents: Analyze rental listings in your area for similar properties (size, location, amenities).
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2 March 2024 | 16 replies
Located in Central PA.
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1 March 2024 | 6 replies
You might want to consider what specific sweat equity you are offering, and where you are located.
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1 March 2024 | 26 replies
You can shop around, but prior to recent changes (and I'm not sure the govt has approved them yet), you can't even change who you get your mortgage through without a stress test.
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1 March 2024 | 8 replies
Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.
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1 March 2024 | 8 replies
second question the answer i believe is Yes, if you have net rental income from a rental property located outside your home state, you will need to file a nonresident state income tax return in that other state (if you meet that nonresident states minimum filing requirements) https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-got-rental-income-from-another-state-do-i-have-to-file-income-tax-for-that-state/00/316523i currently live in ca and had to pay a small idaho income tax for my properties thereand no i dont think you are not taxed twiceas far as other pros or cons... id say you can pretty much find property to invest in no matter where you are.
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1 March 2024 | 3 replies
Which town is your property located in?
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2 March 2024 | 43 replies
I've seen former players from the 2000's coming back to the industry under different business names, and some of their prior work was less than stellar.
29 February 2024 | 14 replies
Locate For Sale By Owner (FSBO) HomesA useful approach to locating homes available for purchase through owner financing is to drive around a desired neighborhood and look for “For Sale By Owner” signs.
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29 February 2024 | 6 replies
I am the one who closes the sale typically so expectations and the process is thoroughly explained by me prior to onboarding beginning.Client red-flags are those who critique the processes before even beginning, those who want exceptions for every process, think they know how to do the job better than I do, etc.