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I've recently been pre-approved for an FHA mortgage. Right now I am looking for a foreclosed or vacant multi to fix in the city of Albany, NY using the 203K product as well as city grants and then refinance (aka the B...
Hi Everyone,
Novice RE investor here. My qualifications are that I've been a resident manager for mid-sized, commercial multifamily properties for a long time- but didn't deal with the finance side of things- just r...
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Are larger, more expensive homes hard to rent.I am concerned that anyone that would rent such a nice place could afford to purchase their own nice home, so finding a renter that would stay for a while, might be diffic...
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I'm working to save up for some RE investment, but after reading a couple beginner threads, I realized I probably won't be able to do what they're doing because OC doesn't have multifamily properties that make sense. ...
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Hi BPers,
I saw an accountant state that [b] rental property maintenance expenses
for plumbing repairs and painting may have to capitalized and depreciated over x years instead of a straight expense[/b] in the ye...
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What software do you guys use to track rental income and renovation costs.
The options I can think of are Quicken or Quickbooks.
Any know the pros/cons of these or other software packages?
Thx
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Why is Seattle landscaping service so expensive the past year?I got quotes for basic yard clean up and it is $1,000 for 8hrs of work. I got three quotes all around the same price. Each one quoted $75 to mow each time...
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I am looking for multi-families in Seattle. 4-6 units, give or take. Like many expensive markets, even if I can negotiate a better price, spruce up, and raise rents...I see pretty negative cash flows. I'm sure this i...
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What are the IRS rules on deducting expenses for Real Estate investing efforts?I have several current rentals which are reported on Schedule E.However for "Driving for dollar" expenses, trips to check out DST investme...
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hi folks,I would like to better understand the cost associated with running STR in Oahu. I am exploring Ko'olina and Turtle bay areas. Can you please shares insights on the cost structures with respect to the various ...