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5 August 2018 | 8 replies
Yes, i am looking for long term hold and rents, i dont have enough experience in rehabbing to do a flip yet, due to my physical limitations from my military days, i am striding to increase my passive income to a point i can comfortably live the rest of my life on.In regards to the %, i have no clue, i have gotten multiple comments to just go by the percentages.... with no additional details.
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6 August 2018 | 4 replies
Owners usually charge reserves over time so tenants are not overwhelmed with the CAM increase.
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14 August 2018 | 10 replies
Stagnant economies that don't produce high paying jobs don't lead to increased real estate prices, so appreciation may be ruled out as well.
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7 August 2018 | 13 replies
You have many ways to get a loan but the most common ways are the following:FHA:This allows you to put the least amount of money down - 3.5%, however, you have to pay Mortgage Insurance, which can be a little pricey, that combined with the higher loan amount because you are only putting 3.5% will increase your monthly mortgage payment.
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6 August 2018 | 1 reply
Sweat equity can be an excellent way to increase your income on properties.
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5 August 2018 | 4 replies
Here is the flooring we went with: Pergo San MarcoThe texture and coloring is forgiving and the durability for water allowed us to carry the flooring into the bathroom, which saved us on cost of tiling!
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5 August 2018 | 5 replies
Color me interested, right?
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5 August 2018 | 2 replies
I recently bought a house and increased the square footage through a conversion so I have about $200k in equity.
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13 August 2018 | 13 replies
If investors are still holding their interest in the fund on Dec. 31, 2026 then, regardless of if they continue to hold the interest in the fund, they are required to recognize and pay taxes on the deferred gain on that day, subject to any increases in basis they may have received for holding the property for five years or more.
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9 August 2018 | 20 replies
Depreciation on the parts that you do not live in, mortgage interest and principle pay down will in increase your return.The key to it all is the low down payment.