Michael Kubitza
Newbie concerns/questions
16 February 2013 | 16 replies
Unless you're talking extra tens of thousands in my pocket annually, I'll pass on juggling all the details.
John Blackman
Form 8908 - Tax Credit for Energy Efficient Homes
14 February 2013 | 3 replies
The credit is $2,000 for a dwelling unit that is certified to have an annual level of heating and cooling energy consumption at least 50% below the annual level of heating and cooling energy consumption of a comparable dwelling unit and has building envelope component improvements that account for at least 1/5 of the 50% reduction in energy consumption.
Josh McCullough
Buying a MH portfolio
29 March 2014 | 16 replies
I'd be concerned about deferred maintenance since many mobile homes aren't maintained properly or at all.
Carlos Lopez
Need your opinion - 50% rule
15 February 2013 | 6 replies
Carlos certain parts of California and New York for example are appreciation driven.Meaning some wealthy people care little about the cash flow but rising annual rents and appreciation on the back end and to cut their taxes with depreciation.In those speculative markets you might not even find anything close to the 50% rule.
Matt M.
What do you guys do w/ the rental income?
15 February 2013 | 22 replies
First and foremost I pay all mortgages, taxes and insurance and then any repairs and or maintenance that may be needed next.I then take what is left and split it in half, investing half in the stock market (usually dollar cost averaging into some mutual funds and stocks I like, and the other half goes towards cash reserves for capital expenditures and or savings for another investment.I like to invest a fair part of my rental income into the stock market to diversify and hold hard assets as well as securities that pay dividends to create additional passive income.I am very disciplined have have stuck to this system for about 8 years now andf have created a decent amount of passive income via dicidend paying invesstments as well.Chris
Tyler McLeod
Searching and Found a Property, Now What?
6 February 2014 | 5 replies
Now, estimate cash flow as:cash flow = (rent * 50%) - P&I paymentNow multiple by 12 to get annual cash flow.
Shaneel L.
What kind of agreement you have with your tenants? They do repairs or help with repairs?
15 February 2013 | 18 replies
I would think it would just result in deferred maintenance and/or repairs not even being done due to the tenant not wanting to pay for them.
Joshua Hodge
Renting/ renting to own
13 November 2013 | 7 replies
Who pays for repair and maintenance?
Burt L.
What to Look For When Driving For Dollars?
13 September 2019 | 6 replies
When driving a neighborhood, I find its much easier to find properties that seem distressed - with wood exteriors as brick is such low maintenance.