Hey BP,Just got my first triplex that needs some reno before I can open for business. I'm living in one of the units. I set up a seperate bank acct. Now I need a book keeping software, what would you all recommend. I'...
Earnings too high to claim passive losses?
so what happens if you have lots of passive losses on real estate - but your active income is over 150k? is there a way to still claim those loses if you are a full time emp...
Can anyone comment on the relationship between cap rate and price per unit? I would think the higher the cap rate the lower the price/unit. I am looking at the 2019 forecast in the Berkadia Report and it is showing a ...
Hello all,
While driving yesterday, I noticed a house with DCRA notices all over it - overgrown grass, unpaid taxes, utilities cut off etc. Quick online research revealed that the owner passed away and property has ...
Looking for a little input on snow removal from a multifamily property. I am in the Buffalo NY area. I purchased a 3 unit rental property back in September and all 3 units have existing tenants in place from the pre...
Very Good financing tools! As a Mortgage Broker, when you hear someone say I/O (Interest Only) mortgages are bad, the very first thing you think is that you're talking to someone who doesn't know squat! ...."Oh, we h...
In a previous thread a member had a question about how to compensate their Real Estate Agent & it inspired this post. I believe that Residential Real Estate Investors are one of the most underserved communities by...
I wanted to give some details of my latest deal for everyone. I found a FSBO ad on zillow on a duplex in a great part of Cleveland for about 45% of market value. I asked my Aussie real estate agent @Federico Gutierrez...
Hi,
I have been reading the forums here, and been learning as much as possible for awhile now. I am interested in long-term cashflowing rental property investments. I am moving to Lansing, MI for graduate school, an...
Speaking for yourselves those who have marketed successfully to absentee owners. What are the best types in your opinion? Heirs, people in debt, etc (these people are all out of towners in this example)....Obviously o...