Tina C.
Fix rental house or sell it & buy a different one?
Hello everyone,I am a newbie and need some advice. I have a cash flowing rental property out of state that needs work done on it. It is an older home with a huge backyard. It needs a lot of minor work but is eventuall...
Max Smetiouk
HELOC from Primary residence to buy land and tax implications?
Hi,Could someone share any IRS experience or their stance on tax deductions changes that went into effect after 2017?Question, can i use HELOC from primary residence to buy land somewhere else and be able to deduct in...
Chris Feltus
Cash Flow: Calculation [Picture]
I know some of the below variables vary depending on your geography, but here in Texas DFW area the estimates for property taxes, insurance and holding costs are fairly accurate.
I would appreciate more experienced ...
Audrey Peltier
Rules/customs for q rental in Cleveland
Hi!I have a rental in Cleveland. I was wondering if it's custom for the landlord to pay for water, sewer and snow plow?There is only a fridge in the unit. In CA, landlords provide microwave, ove, dish-washer, washing/...
Tou V.
20 unit Apartment complex - $700k, good deal or not?
Looking at this decent 20 unit apartment complex. Below are the current break down of income and expenses. PM fees are also included in Total expenses. Sales price is $700k. Loan would be 25% down at 4.5% fixed fo...
Jeff Prather
Buying a Duplex to house hack
I'm just starting out. I'm in Nashville and am interested in buy and hold small multi-family. Ideally I'd buy a duplex, live in one unit and rent the other to cover my living expenses. I'm keeping my 9-5. To put it ho...
Mark Gruetzmacher
To partnership, LLC or Sole Proprietor-Tax Questions
Hello everyone, I have another question to run by you. I am trying to figure out which is the best way to structure this deal and how to do it for tax purposes as well.I am closing on property on Tuesday. My father ...
Joe Gilroy
Mobile Home park - Deal analysis
20 site Mobile home park List price - $375,000Cap rate - 10 No park owned homes - all site rent 14 occupied with potential upside of 6 sites to move new homes onto$350 per month site rentPark pays water /trash8 a...
Leo Le
Help for investing in Saint John, NB Canada
Hi everyone,Iam in BC right now & I am currently in the stage of looking for a realtor in Saint John ,NB to look for my secondary investment property. My budget is 150k-170k plus 5% closing cost and hope to get d...
Roshen Elevethinkal
question about 50% rule
when i have watched videos about the 50% rule. why does he always include taxes into the expenses part, then he subtracts the mortgage from the other half which includes the taxes again. Or is he calculating the mort...