I got my tax return, schedule E and my property due to depreciation, took a loss. Not sure how to feel about this? See attached Supplemental Income and Loss, statement.
Hello everyone,
I was wondering what most of you real estate investors would consider the "ideal" number of properties to be able to quit your job and live comfortably without having the NEED to pick up another prope...
I am a out of state investor that is considering investing in central Texas. My ideal would be to have rent be roughly $2,500 a month or $2,000 a month. This is attainable in California because the housing prices are ...
The right apartments, in the right location, bought at the right time, at the right price, should provide investors consistent positive cash flow, while we wait for rents to go up and the loan amount to be paid down a...
I have two questions. My first question relates to a single family unit that I bought last year to reside in but have just converted to a rental. After research and plugging in all the numbers I have found that this p...
Investment Info:
Single-family residence buy & hold investment in Bainbridge.
Purchase price: $53,000
Cash invested: $6,000
Sale price: $92,000
This was my first investment property. It was a...
Hello! I was unsure where to post this here or somewhere else. I have a SFH that needs moderate to major renovations throughout the home. I’m bad a choosing the right finishes in the scope of what colors work well and...
Here is the situation:
$40K Single family short sale, been on the market for over a year. Seems in decent shape (will check it out soon).
Checked with property manager, would rent for$850-$950. Schools are decent, n...
Hey all,A little backstory - I’m in the process of locking down my second single family rental property. The neighborhood I have focused on is a C neighborhood with 2-3 bedroom homes in rentable condition going for ar...
I have a rental property that is paid off, I want to use the equity to get another one. However I don't understand the concept of buying bunch of properties with equity, isn't that creating more debt? Your cash flow i...