I searched the forms but didn't find the info that I am searching for.We are selling a piece of property for 850,000. We currently own a building that has a loan of 325,000, with a recent appraisal of 400,000. Both of...
Hi. First time poster and first time buyer. Have been debating a bit on whether to buy a ready-to-move-in single family home or a duplex (to live in one unit and rent the other) in Queens, NY that needs quite a bit of...
Well, we done it! We finally got out of analysis paralysis and made the leap! So I want to break down the deal below, and get a few of your suggestions on what our next move should be AFTER the rehab.Found the deal ...
I have seen several articles claiming that the deductibility of interest for your primary residence is on the chopping block to close our budget gap.
Does anyone know what is happening with this? Who is pushing th...
Hello!
A friend is exploring a potential professional opportunity that would require her to be in NYC about 2 days a week. To lessen the commute burden, she is thinking about investing in a small property about 1hr b...
For cash-on-cash evaluation of rental properties, it is critical to identify ALL of your acquisition costs. Here is a checklist. You might have additional items depending on your market.1. Cash portion of purchase ...
I've bought a rental property recently, my first one, and am looking at similar units nearby for the market rate of rentals.To be able to cash flow, I need to charge a monthly rental of about $800. However, when I did...
Just getting started… and so much to learn. We bought our first property at a foreclosure auction with plans to turn into a rental. Single-family home with large yard, as we learn, now rethinking our strategy.
If we...
We bought a duplex and several months later an existing tenant is complaining about rodents. I contacted a local pest control company and they want $100 to start and $45 per month for both units and a 1 year contract...
Guy's I'm in class currently to get my realtors license. However, I'm starting to have second thoughts on the benefits to this as an investor; specifically a flipper. The primary reasons I wanted my license was to get...