I have a SFR I'll be operating as a STR in Pensacola, FL. The only carriers I've been able to find to give me a policy on this are Monarch and Tower Hill.I don't know anything about either, and I'm just curious if th...
I am considering entering a contract for a duplex that I found though Trulia. This would be my first investment property and my strategy is to buy and hold. Does this sound like a good deal?Purchase price: 105,000Down...
I just purchased a triplex in Dorchester with 2 tenants in it. One of the tenants reached out to me, and what started as a friendly conversation quickly escalated out of control. The tenant first mentioned issues she ...
I had some friends help demo a property and I paid them cash (around $1,000 total). Is this something I am able to write off? Would I need to issue a 1099 for this? Not sure how this works and would appreciate the adv...
4/2 1800 sq ft, large lot, located in greater cincinnati, rented for $875, $62,500 20% down 8% interest, two year balloon, 30 year am. Comps point at 55K. House is dated but in good condition.
If so, why?
If not, w...
I have seen many examples of 'cash flow analysis' Rental Income minus expenses, mortgage payments, and expected vacancy rate (let me know if I'm leaving something out). However I would believe that the rental income i...
I know that when you buy rental properties it's wise to keep each in its own separate LLC to limit liability and maximise asset protection etc.
However, let's say you have 30 rental properties, 30 different LLC's a...
Copying and pasting here the message I sent to David Greene . Hoping to get some thoughts/ideas here that would help me resolve my dilemma on how/where to invest the $300k cash we have - Whether to buy a 2 bedroom ...
Hello all,
I have been actively looking for my first investment property for the last few months and have had the opportunity to put in one offer so far based on what I am looking for numbers-wise. One thing that c...