Current mortgage on house with taxes and insurance is $800.00 I can currently rent my house for $1,400.00.
How much of the $600.00 would you put towards expenses and how much would you take for profit. What f...
As part of building my team, my brother and sister in law live in the area where the rentals i'm acquiring are. They will be doing odds and ends types of things to help prep the house for rental. Things like:- Paint...
I am a landlord who manages my own rental property. I do not manage property for other owners. I set up my chart of accounts in QuickBooks to include, among others, two types of accounts: (1) Cost of Goods Sold acc...
Hello BiggerPockets community,I wanted to get some feedback on my strategy to fund my kids education using real-estate. My older one is ~14 years away from college and younger one is ~18 years away from college (if th...
When looking at properties some math is simple. There is some major problems im running into when estimating some expenses though. I went straight from a Marine corps barracks to a cozy apartment which of course cover...
Hi there,
My husband and I are first-time landlords due to a property inheritance. The home we inherited does not currently have a mortgage on it.
We are looking at refinancing our primary residence, and I'm thinki...
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*This link comes directly from our calculators, based on information input by the member who posted.Hi BP, Can you guys help me analyse this property and maybe give me a few pointers on h...
I'm currently "house hacking" a 2 unit. I was planning on staying only one year before moving on to the next to repeat. But I may stay another year. Anyway, the question is since this is my 'home', I want it to look...
Asking Price: 50,000
Taxes(annual): 220
Insurance(annual): 450
Monthly Rents: 600
We have considered offering all cash.
If we take a loan, we are looking at around 200/month.
I already have 4 people interested in re...
I have recently opened a Home Equity Line of Credit and wanted to hear people's opinions on using a HELOC to purchase an investment property. Interest rate is low and if I can find a property that cash flows more than...