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Hi I have a rental that I don't have much equity in it. Interest rate is high 4.7% 7/1 ARM. I would like to refinance the property to get interest rate around 3.5% 30 years fixed rate. I will have to put in approx $15...
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So how is everyone pricing out their units when house hacking? For example: do yall price rooms on the affordable side and have tenants pay their share of utilities by splitting the bill?
Or do yall charge each unit...
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I am partnering in purchasing rental property with someone who will be finding the deals and managing the rehab and doing the property management. My role is to purchase the property through conventional finance and ...
Hi All,As we all know, technology always has a new wave that is always better than the last. I wanted to get everybody's take on what the best property management software is today. Currently, I have two rentals, with...
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Good morning BP'ers,I hope this doesn't come across as a dumb question but I am really struggling with this decision. Due to COVID-19 my W-2 income has taken a 15% decrease for an undetermined amount of time. My wif...
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In the quick turn real estate business, I'd like to hear some feedback from those that have successful real estate businesses.
There are conflicting viewpoints of advice, and I see both sides of it. Being th...
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I could use some help with a real estate challenge.I have a contract on a house. The owner bought it a year ago for $97,000. She decided she wanted to downsize to a condo so she could travel more easily. She agreed...
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Hows this for a strategy. Let's pretend I have acquired 10 mixed real estate investments, single family and possibly duplexes or triplexes. Does it make sense to bundle that portfolio and sell it to raise capitol to b...
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I would like a contractor to do some tree work on my first rental next week. The quote is $1900 cash or check. I just learned about filling out a form 1099 for contractor payments of over $600. It looks like I can ...
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Hello guys, I am new to investing.I keep hearing about tax depreciation, but I don’t understand exactly how that works.Can someone explain that please or give an example.Appreciate it!