There are a lot of loan officers sometimes new to the business that send out what is known as a "teaser rate" More than likely you are also paying 1.50 to 1.75% points for that rate and you should "Never" pay points just use a real FDIC Bank instead of a "Lender".

Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.

A lot of real estate professionals (including myself) give thoughtful responses at least in part to drum up business.

This isn't including other expenses I know but I was planning to self manage the property and hope rates continue to go down so I could refi in the future and gain more margin in rental income.After further analysis and speaking with a friend thats a real estate agent I may want to shift my original plan and sell it.

We always start clean at the beginning of the month unless there is a real need to start mid-month.You will have to use the leases that are in place and can transition the tenants to your leases as each lease expires.

Hello Everyone, I am new here but i’m looking for some new connections to help me grow my knowledge and portfolio in real estate.

Investment Info:Small multi-family (2-4 units) fix & flip investment.

I decided to change career after having worked with films for more than a decade - and I have always had an interest in real estate.

My assumptions based off research is I will be able to deduct 1/2 of all allowable expenses based off the ADU square footage (My understanding of that list below)  1/2 Mortgage Interest (Not principle) 1/2 Utilities 1/2 Property Taxes 1/2 Insurance (assuming I don't have separate ADU insurance)  1/2 general house maintenance (depending on the issue and if it's related to the ADU)  1/2 Depreciation (Home value, not land divided by 27.5)  KEY QUESTION: If my mortgage (PITI) is $5400, and all of those ADU deductions equal $3800 monthly, and my ADU income is $1800 monthly, am I allowed to pay the difference in "deductions" from my real estate business income? 

It protects real estate owners (and investors like me) from liability for environmental contamination that they did not cause.