Does anyone know the best way to charge tenants, at a triplex on one water bill? I have a tenant with five kids. I live in another unit and another guy lives in the other. That's a total of 8 occupants using the water...
I am going to buy a house and currently plan on paying the downpayment with cash.
What I would like to do is after closing, take a cash advance from one of my credit cards to reimburse myself for the downpayment. Th...
Hello, BP Community!I reached agreement with a seller to buy their 12 unit building at a very good price, but the property is located in an area where I'm required to have windstorm insurance because it's location clo...
I have the opportunity to purchase a fourplex using an FHA loan. A decent fourplex is ~$345k here in Portland, Oregon. Yes, it’s high and that’s just the way the market is. Typical rents are in the $725.00+ for a 2be...
What exactly are the tax benefits from buying a rental property? How much money should I expect in tax benefits/tax refund from my investment property? Is it a percentage of the interest rate paid? Are there any other...
Hi All -I'm looking into getting my first investment property (a duplex in St. Louis, MO that I'm going to live on one side), I'm struggling to have deals pencil and I want to make sure it's not my expense load causin...
I'd like to find out if there is a maximum amount of mortage interest that one is allowed to write off of income taxes in any given year.
I'm a newbie and here's my situation:
I'm a farily new lawyer (48 yrs old, un...
Hi all,I wold love some feedback valuation on a small park i am considering;9 spaces on 4.25 acres outside city limits, 3 tenant owned homes with lot rent @ $160(below current market of $250)3 park owned singlewide ho...
Here is the slim & Quick - -I am teacher, base salary 60K, (i referee multiple sports for extra cash)-Feb 22 of last year I bought a duplex - my first property - 165k, 2 2bdr apts. -My split is 700 a month roughly...
I found a small, fully remodeled duplex for $35k in a depressed area of South Carolina with good renters in place bringing in $900/mo in rent, but it had to be a cash deal because it was slightly over appraised price ...