Hello BP!!I always see comments and complaints about investors not receiving a standard job that they receive a W2 from. This of course makes it difficult to get conventional financing for their next deal. I currently...
I’m preparing to buy my first rental property soon. My question is about the taxable portion of the rental income, specifically, money that is set aside for repairs, vacancy and capX. Is that money considered as incom...
For example, if my salary is $60,000, and I receive $12,000 in rental income (12 months of $1,000 in rent.. of course this number does not include deductions like repairs, taxes, interest, etc), does that mean the gov...
Came across this retail condo of 1895 sq ft asking $1.4M in Van Ness... What do you think of the price? How do you go out and find a retail tenant? http://www.loopnet.com/Listing/20140012/851-Van-Ness-Ave-San-Francis...
Good Morning ,Just have a quick question please , and that is :Does the Rent you pay from Renting an Apartment count as an " Expense " , for when a Lender runs your DTI ?Thanks much
We are looking to get another mortgage to purchase an investment property. One company told me that our debt to income ratio is to high (we have 2 investment mortgages) and said we would not be able to come rental in...
Hello Everyone,As an investor I hear about 'traffic count' by the property. I understand the concept, but what separates a 'good traffic count' from a 'bad traffic count'? Is there a way to verify these numbers? Also,...
Read the story here: http://news.yahoo.com/s/ap/20110502/ap_on_re_us/us_monoxide_deaths_landlord_charged
A landlord is being charged with 4 counts of reckless homicide after giving a tenant a portable generator to t...
I’m in the process of purchasing my first investment property. I want to begin to prepare for the second property and wanted to know when the income generated from the first property can be counted as income to qualif...
In Raleigh, NC I believe there is a city ordinance that limits the amount of unrelated individuals living in a house to four people. My question though, does overnight lodging (eg. Airbnb) count towards unrelated indi...