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27 May 2024 | 28 replies
Factor it in to your costs.3.
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27 May 2024 | 9 replies
It is also a good idea and a small cost compared to the overall project.
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27 May 2024 | 7 replies
The area offers higher-end flips but comes with a higher buy-in cost.
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27 May 2024 | 18 replies
Single family homes have the benefit of the tenant paying all utilities, taking care of all landscaping/snow, and lower cost replacement when things go wrong (a roof on a single family home is a lot less then on a large multi).
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26 May 2024 | 4 replies
To me a successful house hack is being able to live with your net mortgage payment being lower then it would cost you to rent the same property.
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26 May 2024 | 10 replies
San Antonio is known for its relatively lower cost of living compared to many other major cities in Texas.
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28 May 2024 | 26 replies
I would ask the lender you applied with to disclose how they calculated your DTI... sometimes they fail to add back in depreciation or deduct costs from your schedule E like tenant turnover, improvements, etc. that shouldn't be included in the DTI calculation.
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30 May 2024 | 43 replies
They cost 25k each on average and so far they’ve been easy to self manage out of state.
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23 May 2024 | 7 replies
Once you depreciate a property one way, I don't think you can make changes once the ball is rolling ... especially if you cost seg and bonus depreciate.
27 May 2024 | 14 replies
When you sell the property and gain the difference between the sale price and the cost to you, that's profit.Net profit to you on a rental is the cash flow.