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I am looking for an REO to purchase that needs some TLC but can be purchased to live in while I rehab it. Something with say running water and good electrical but rough around the edges. I have good credit (750+ fico)...
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Hi,
I am looking to invest in an the construction of an apartment building on a lot that I own. I read that 4 units are considered Residential, but 5 units is considered commercial. If I build 2 four-plex buildings, ...
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Hello. With the slow down in the real estate industry (and pretty much everywhere), I'm starting to research other investing strategies. Land has always intrigued me, so I wanted to learn a little more about purchas...
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Hey fellas. I just closed on a mobile home park and have some questions about administration.What paperwork do you generally make your lot renters sign? Also does anyone know where I can get boilerplate paperwork (inc...
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Just bought a duplex, owner occupied. Current tenant is on section 8, but she doesn't have her kids anymore, so she is overhoused in this 3 bedroom. Housing authority needs me to come down to 650 from 775 for her to b...
I know all markets are different but is there an average rent ( or guide ) per door that should met in relationship to the price of a house so that your monthly mortgage payment can be made. For an example: a duplex r...
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Does anybody have a hack on how to find out the financial status of a school district when buying a house/apartment.I'm looking for more than 'how good a school is'.But how is the school's budget.Some school districts...
I cant find this exactly on the IRS pages, but I have read on some sites that I may have to claim the insurance payment, as rental income, and then the entire cost of the repairs add to normal repair on schedule E. Is...
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A SIMPLE Guide to Calculating CAPEX
SO MANY INVESTORS CHOOSE TO IGNORE CAPITAL EXPENDITURES BUT I 100% AFFECTS YOUR INVESTMENT RETURN.
There is a clearly defined way to come up with a multiplier you can use across...
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Hey guys I’m think of buying my first investment property for cash flow I already analyze the numbers with gas , electricity, water. Is a triplex have tenants already once this year past I will raise the rent the prop...