Your real estate experience, especially in property management and leasing, is valuable.We have a wealth of resources and discussions that can provide valuable insights and connections here.

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You don’t include the principal payoff that your guests are providing nor the property appreciation.

After working with a lot of lenders over the years, the most important thing for me is their level of customer service (will they provide a lender letter promptly for you when you need to write an offer quickly, call the listing agent to help you get your offer accepted, pick up their phone for you, etc.) and do they close on time?

The IRS has provided a safe harbor for certain structural modifications to a building that are not treated as a demolition and thus, not properly chargeable to the capital account with respect to the land on which the building is located.

DO NOT use HUD's maximum rent allowance as a metric for determining your own market rent.Moreover, when a section 8 tenant applies for rental assistance, the housing provider will essentially underwrite their application to determine their voucher amount.

Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

While realtors provide guidance, the final decision and its implications rest on your shoulders.If you have trusted advisors or industry experts, now is a good time to seek their opinions.

If we did a deal using the numbers provided above we could cashflow around that $500 per month. 

Hello Everyone,First of all I would like to thank everyone on Bigger Pockets for providing such a great platform for rookies.