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Hello Guys, I am in need of some guidance. My wife and I have a rental property in Arlington, Tx with a remaining mortgage of $52K. It has been rented below market at $1050/mth on a month to month lease. 3br/2.25ba...
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My mortgage broker has told me that I won’t qualify for any more mortgages because my debt servicing costs have exceeded 40% of my income. In reality my rental income covers almost all my costs, but the banks only cou...
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Got to love technology! To think of all of those grungy, smelly vacant properties that I walked through over the years and all of the headaches of dealing with contractors that try your patience during rehabs can now ...
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Multifamily Poised For Another Solid Year
Hello, fellow Investors! With our low housing inventory and rapid rental rate growth, solid Multi Family complexes are a smart place to make investments for solid appreciatio...
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Posted less than a minute ago
A 12 unit condo buidling i own has City of CS liens over $6,000,000, the liens are on the Hoa, not on the individual units. This is about 2x as much as the entire buidling is worth.
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Would anyone know of the tax implications from "Flipping" a new construction home for a profit, that just closed. Then selling a different rental property that you've owned for over two years, at a loss in the same ye...
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BP --I have recently started tapping into my network to connect folks for various reasons, personal or business related. I'm wondering if I should ask for some type of compensation for my "services" as a connector. ...
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I am struggling with this analyzing deals part! im trying to get some analyzing under my belt. ive ran multiple houses under the rental property report and it is hard to find a deal with more the 5% CoC . alot of the ...
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Hi team, I am looking at an investment property and numbers looks good, but found out that the city has plans in next 6 years for construction near the property. We are not sure what the city plans are and how much of...
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I am currently acquiring my 10th long term rental unit. I have done live-in flips but right now my whole portfolio consists of long distance rentals.I consider myself very handy and love doing all the work myself but...