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Hello BP, Things are moving very fast for me and I need some input. I just acquired my first duplex and was given the security deposit for the one tenant that currently is there. I have four other multifamily units th...
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hi everyone,after 2 years, i finally got an sfr under contract. the 1st one i had to back out due to the home inspection and after a year of burnout, i've been taking advantage of these work from home times to find an...
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So I've been researching seller concessions, either closing costs, or paid points. It appears at 10% down, max seller can do is 3% on Fanny Freddy loans. I am curious if there would be any creative work arounds? Is i...
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I'm transferring property managers (from a company to an online platform that I will manage) and I sent a lease addendum to my tenants notifying them of the changes to their lease (ie. that the management company has ...
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Hi all - I've been shopping around for financing options in Metro-West Boston and stopped into DCU for a general quote and to ask some specific questions. We ran the numbers on a $300,000 purchase, 20% down, non-owner...
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Hey everyone,
Brand new to real estate investing here (and in the process of buying my own personal home), but I've already discussed some future financing options with lenders. One option that came up is delayed fin...
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We are nearing completion of our first rehab on what will be a rental property. We paid cash for the transaction and financed the reno with cash. Now, we need to cash-out so we can do it again! We are in Columbus, ...
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hey guys
i have a question that ill need your help please, i have a deal of 300K purchase , 55K renovation, ARV is 450K, 2 months of remodeling
property tax is $8500 per year, Rent is $2600
Property in Dallas TX
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Real Estate rental income is earned when a real estate is leased for rental income generation. Rental income generally is treated as unearned or passive income for income tax purposes. Rental income is reported on Sch...
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Hello All,We have a tenant situation where the husband and wife are getting a divorce. The husband is staying in the place. The wife has asked to be removed from the current lease and the husband would like that as w...