My husband passed away tragically 7 weeks ago and I now have insurance money to pay off our investment condo that we owe $115k at 4.1% interest (733 a month) We have a tenant in there and it pays for itself but I’m w...
I'm looking at a fairly cheap property, in great condition, and with great potential cash flow. However, it's in a flood zone (Zone AE and almost in a Regulatory Floodway). This would be my first investment but I'd ...
So fortunately I was able to bring the wife home from her J.O.B at United Health Care a few days ago. After a few days of what she calls boredom (probably just not used to it yet) She's talking about working on becomi...
I've been doing a lot of research on rental property tax accounting the past few days and am amazed (frustrated) at how many different answers I'm finding. For example:
1. Pre-rental expenses. On the one ha...
If you have just a few rental properties is iy worth having an LLC for each or fo i just up ky insurance. My acvountant always tells my accounting for doing taxes will get way more complicated (more money)
Hello BiggerPockets, I am looking to buy my first rental property soon. I have been talking to everyone I know about real estate and it caught my fathers interest. We are now considering on buying property together (m...
I'll try to keep this as short as possible as I could go on for days and days.I'm a unit owner that was not happy with the former board so I ran for the position and was voted on as treasurer. I am a Financial Analyst...
I wanted to share a horrible BRRRR experience with a property in Jacksonville, FL. What started as a promising BRRRR ended with us making the tough decision to sell at a loss after an unexpected disaster.
The Numbers...
How much does landlord insurance generally cost? I read in “hold: buy and hold investing” by Linda mckissack that generally insurance is 0.5% of fair market value. I called Geico and progressive and they both are qu...
Just wondering, how many RE invetsors have had or are involved in sales of other financial products? Insurance sales, bank PR/marketing, stock brokers, financial planners?
How has that experience played on your RE in...