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I have two rental properties (SFH/Duplex) with a fairly hight debt to income ratio as result (~40%), but have a solid government job and plenty of investments in financial markets to be considered financially healthy....
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Hi BP community,Today I received the application for this couple (with 1 kid, 2 small dogs) whose income is above my criteria of 3.5 x rent (rent is $2200/month), both have good credit (husband 799, wife 736), both ha...
Hi there,I am a newbie here. I have been investing in the stock market for years. Now I'd like to diversify my investment by getting into real estate, starting small, likely a 1-2 bedroom condo or townhouse and rent ...
After 4 years, I have taken some action this past week. Here are some things I learned, that no book taught me...1. College rentals cost way more to insure and only some companies insure them.2. There are different wa...
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Would any of you guys recommend installing solar panels to BRRRR? I would also include the electricity in the rent bill if the proper offset is there. Reason I ask is because I installed solar panels in my primary res...
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Taxes seems to be a hot button on this forum and a sensitive one. So, without trying to get you in trouble with the IRS. Suppose there was a ground root tax revolt movement (And, no I'm not planning to create one and ...
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Hello! Last October I moved from my former home and am now renting it out (to my daughter and her boyfriend). I understand that I can deduct repairs and maintenance, though not improvements. My question is, does th...
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I'm looking to buy an 8 unit apartment complex and I noticed how a majority of the tenants are older senior citizens. Are there any tax benefits or tax credits like section 8 that are given to senior communities?
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How to do income verification for self employed tenants? Looks like they deal with a lot in Cash and no paper trail. Also, this also impact credit score since very little use of credit cards. Any suggestions?
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I have purchased a new home and intend to rent my current house. Cash flow will be neutral to slightly positive, but the Tampa market seems to be finally rebounding. My goal is to capture the appreciation that will ...