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Newer Landlord! Need some advice!Hello, I own a duplex and after finishing college plan to expand into more more properties. In preparation for that, I am trying to find a good way to manage preventive and routine mai...
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I am trying to figure out what formula to use in excel if I sold my note at a discount to calculate the new rate. Does anyone know this?
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Hi Everyone,
I purchased my first rental property, all cash, at an auction in April. 3 bedroom, 2 bath, 1738 sq ft. After closing, my total purchase price was around 8,600. The property has a Section 8 tenant, rent...
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Do private money loans charge points from the full amount of loan or the amount remaining after the down payment?
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Is this a good deal for a first Multi-unit? I'm kinda caught up because of the balloon @ end of finance. Seller Financed Terms:Sale price: $165,00015% upfront cash deposit and $1538.27/month for 60 months with a bal...
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Long story short............. under my schedule e he put 365 days fair rental days when I purchased the property 8/20/14 and was really only like 120ish fair rental days. Now I cant use any of that income under Fannie...
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This is an off-topic questions and would like to see what your thoughts are.
I work for a company that offers "Floating Holidays" each quarter. They state its time off for Holidays that they might not recognize. Here...
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I have a rental property that produces $100 of positive cashflow. If I apply an extra $100 to my principal payment each month I will payoff the mortgage in 25 years instead of 30. What is more important? Paying off my...
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If you have never met your tenant, how would you know if the PM wasn't treating the tenant well. My property is out of state so I don't know of any problems unless the PM tells me and so far haven't heard anything. ...
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Hi all,what software do you use for tracking your properties if you are a passive real estate investor (landlord)? What do you use to track income, expenses, mortgage payments, etc?How do you prepare annual Schedule ...