Robert S.
commercial building
there is a comercial building that was appraised 18 months ago for approx. 780K. due to a distressed situation it is available to be purchased for 300K. it currently has 4 tenants which generate 4,200 per month and th...
Stephanie Z.
College SFH rental with my child as one of the tenants
Hello all! I've been browsing the forums for a few weeks and learning lots, but I haven't found posts addressing this issue. I'd appreciate any/all input you folks can provide.We are about to close on a single family ...
Charlie MacPherson
PRIVATE power poles not disclosed. What's next?
I recently purchased a home in Plymouth, MA (America's home town!). It's 5 acres of woods, surrounded by 30 acres of conservation land, overlooking a pond and cranberry bog. Idyllic, right?The driveway is dirt, 2,00...
Steven Mojsej
Costs covered in rental income
Hi BP,Looking for advice from different investors in what is being covered with the rental income you are acquiring from the renters. You need to get enough to cover the mortgage payment, property taxes, insurance as ...
Sriram Gonu
Please help with analyzing this deal
Hello Team I am struggling with some numbers here and would love to hear your feedback about the deal with are In-contract.Location: Panama City, FLUnit mix: 2 2bed 2 bath units, 2 1bed 1 bath unitsPurchase Price : 92...
Nicalaus B West
Quitclaim Deed, Mortgage, and Cash Purchase Rental Property
Situation:My mother owns a house in Illinois in the country and has no mortgage or outstanding liens against it except 1 year of taxes that someone someone bought in a tax sale. She was injured in her 30's and now rec...
Wade Stahle
how is income taxed when house hacking?
So, I live in a duplex and rent the other side out. My mortgage is $1167 and the tenant rents the other side for for $1150 and pays all utilities. How much should I set aside for taxes of that $1150? It should be note...
Jared Levine
Cleveland - how investing is affected by property tax and POS
looking into the Cleveland (surrounding) market to purchase 2-4 units. How do investors navigate the high property taxes and pos? I feel those items plus potential high utilities and real expenses strongly affect wha...
Jason Malabute
Typical expenses of a 2-4 unit property in Winter Garden Florida
What are the typical expenses associated to a 2-4 unit property in Winter Garden? How much is typical monthly landscaping, insurance,HOA fees (if any), etc?Do tenants usually pay for their own utilities there in Winte...
Tony Hightower
My first Investment?
I have opportunity to purchase a SFR 3bd, 1.5ba. Currently rented and under PM for $730. Fairly new appliances. LESS THAN month old ROOF AND HVAC. Price is $67,600. Value of $82,000. Annual property tax $850. Tenant ...