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I'm renting out a room in a 2 bed/1 bath apartment. An applicant makes 10x income over rent (after monthly debt payment) but has had Eviction Filed, Bankruptcy and a couple of Collections. The person was upfront about...
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I am trying to calculate the cash flow "tax savings" due to depreciation for a property I am under contract for, and plan to rent out.Everywhere I read, I am told to use effective tax rate (total taxes you pay/total i...
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I'm an beside ER nurse netting over $160k/year raising a family of 4. I love my job and have enjoyed being a nurse for over 15 years. I won't quit my job. I love it too much, but anything could happen that would make ...
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Hello, I will appreciate anyones input on this situation and as I learn more I will be able to share more of what the deal may consist of. A villa in my neighborhood is on the market for about $100,000 because of it'...
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We have a tenant who is running an unlicensed daycare. Do we incur any liability? There is no exclusion in our rental agreement.
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New investor based in sunny Santa Cruz, CA. Anyone else here? I'm interested in cashflow opportunities primarily. I'm also interested in house hacking or investing in Santa Cruz but I'm priced out of the market here ...
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I've still got a long way to go, but I would love to give up my day job and be full time into real estate. Currently I would need to make $150k a year in real estate to match my near term earning potential at my job (...
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Last October I purchased another 2/1 SFH with the idea of flipping it. Paid 70K and spent 30k in renovations. Was very happy with the outcome so I decided to keep it as a rental. Found this old couple with 2 adult dau...
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At what point can you go full time (be a realtor, work on flips, and manage your rentals)? A years salary saved up? Multiple flips going on with enough rental income coming in? I have a well paying job (but don't enjo...
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The new draft zoning ordinance of Gaithersburg, which, for full disclosure, my mom has worked for the planning department my entire life, is out with an interesting wrinkle: they will not only allow ADUs but also have...