I have a rental property that I purchased in October 2015. I have been and continue to rehab it, in other words I've never tried to rent the property. My question is if I can take my improvements and maintenance costs...
We are in the process of trying to sell our duplex in Toledo and have run into (yet another) issue. The buyers have reported that they are unable to obtain financing since the duplex (built in 1907) is located in an a...
Hi. My name is Drew and I live in Jefferson County, West Virginia.My goal for the past 5 years has been to generate passive income using a buy and hold strategy. While located near Martinsburg, my primary geographic f...
Hi! I’m new to being a landlord. I purchased a duplex with an existing tenant. That tenant is requesting a number of things that I am trying to determine if they are my duty as landlord to address immediately or if th...
NC at it's finest.
Sanford is a lovely little town situated in the heart of NC, supporting a population of just under 31,000 and employing about 13.3k people (-0.55% year over year).
Sanford's annual population gr...
I am trying to get a handle on the new taxes codes in regards to expensing versus capitalizing and depreciating. I have heard that the new laws basically state that "replacing" something such as a roof, AC unit, etc i...
My parents own a triplex here in Texas worth about 120k, it needs some capex and rent hikes. Conservatively, rent with little improvements and repairs will be 2200$ in this market and higher with upgrades. I am in th...
So lots of resources on how to look at numbers and figure out deals when it comes to single family houses. Lots of resources on what to do when starting out. But now what. I have a single-family house with tenants in ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $420,000
Cash invested: $30,000
Purchased an existing short term rental that had been almost entirely renovated, bu...
Hey guys! Thanks in advanced for any assistance on this. Here's the scenario: Seller Asking: $89k (Based on NOI/ Cap Rate, it seemed to be the FMV)Units: 3 Unit Mix: Three 2 Bedroom / 1 Bath Units. Current Rents: One ...