Hello BP! Im here because I need advice. There is a duplex and a triplex in Wooster Ohio selling for 69,900 each, and I want to offer 130k for the two of them. Monthly cashflow is $3445 combined. I have 20% to put dow...
Hello BP! This is my first post - I am looking for my first smokin deal :)I just looked at a potential investment. It is a 3/1, 1200sq ft. 1918 Farm house. It has wood floors that look in great shape, wood ceiling...
Seeking advise on partnership for buy and hold. General idea is 50/50 partner in initial investment and 50/50 cashflow and appreciation. I'm looking to create partnership agreement and any advise/suggestions appreci...
I'm in my early 30s, married, with one child and another on the way. We're planning to move three hours away soon.
Currently, we own one Class A rental property that generates about $500/month in cash flow. Additiona...
Hello everyone,I recent acquired a fourplex in fort worth area and hired a professional property management firm to manage my property. I am seeking your opinion on how reasonable my property management is in terms of...
Hi guys,
Wanted to bounce this off you for additional thoughts and feedback I may be missing. Though it doesn't deal directly with RE it does indirectly deal with Real Estate...
I am looking at a 4 fam. mixed use b...
Maybe you guys can help me analyze a deal, any hello would be amazing. I’ll post the details and you guys tell me what you think. This is a duplex with the asking being 178,000, ann...
I was lucky enough to buy multi family unit in NYC market around 2013 for about 550K 3.5% interest with FHA loan. I have been living in one of the unit and renting out other 2 units which covers the mortgage and I’m ...
Hey All! So I have been analyzing countless properties around the Kansas City area, primarily Waldo/Westport Area ( 64111,64112, etc). I was wondering how feasible these numbers are. I have been slowly and carefully f...
Apparently since 2012 it has not been necessary to prepare 1099-MISC's related to rental activity unless the activity is a trade or business. See this article:
www.taxcpe.com/blogs/news/1099...
What do you think - ...