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Investment Info:
Single-family residence buy & hold investment in Jacksonville.
Purchase price: $101,000
Cash invested: $8,000
This property was bought subject-to from an out of state seller. Hou...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $120,000
Cash invested: $71,000
Sale price: $245,000
This home is fully renovated, all systems are brand new!! ...
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I came across a deal on 3 duplexes owned by the same person. They are 3/2 and rent for $700/month, so $1400 per duplex. The list price is $80k, but they need work so I would try to get them for less.I have 3 mortgag...
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I have a house that is growing equity like crazy. It's gone from 300K to about 410K (comps) in the span of about 2.5 years. Trouble is the HOA sucks. Last year we all got a letter about them picking out houses in the ...
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I own 8 properties. I intended to buy one more. After the inspection, I decided not to go through with the purchase. As it was a multi unit building, the inspection was $2150. Can I deduct this loss against the gains...
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Hi all,I am looking at purchasing a small multifamily in Pensacola, FL. I have come across a 3-unit that surrounds a pool. I'm hesitant about the pool, so I wanted to get some input. Is it worth it to buy a rental pro...
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Dumb question...I'm a newbie, please forgive...If I get 1100 a month in rent but I pay 900 in mortgage payments. Do I report my rental income as 2400 a year? or 13,200?
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Hello,
I had a new build property under contract and had it identified as a 1031 exchange. The end date was supposed to be August, then moved to September, now end of October, and today they said it wouldn't be compl...
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I have a tenant that was late on rent for the month of Sept, so we ended up filing for eviction, on Sept 15th they paid with late fees and and extra $300 on top of all late fees so we dropped the case.October came alo...
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I have a 50 unit that was managed by a property management firm for the last 2 years and we just recently transitioned to a new firm. A few days prior to the transition and since the transition we have discovered the ...