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I have a rental in Oregon, and so far we have never seen a profit, at all. The rent doesn't cover the montly payment, but we have incredible renters that always pay, always do the work, keep it nice and have been in ...
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Hi
I have a question regarding calculation of Administrative cost. The lease states that the tenant is to pay 15% of "all of the foregoing costs as an administrative expense" under the "operating costs". Would this i...
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Hey BP! If I'm interested in a home for a buy and hold (rental property). What is a good price to set in for a house? I've heard of the 2% rule but will that cover all the house expenses (taxes, insurance, any other...
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Perhaps someone with more experience can advise. I'm an agent in PA and two of the agents I work with have an LLC and are looking for an investor with them for a Mobil gas station in Florida. I wanted to get some opin...
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Hi there, my question is really around taxes, I'll admit it is not my strong area and I do have an accountant that I will advise but figured I would see what discussions are generated here.So for my example, I have an...
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I currently own a rental income property.
It’s worth about $75k and I owe $50k on it. It is currently cash flowing $650/month.
Currently, my goal is to add as much passive income as possible so naturally I am savin...
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I have a mortgage (2.5M) on a residential property located in the state of HI, titled in my personal name. I have enquired with lender about in shifting title to a single member C-Corp, but they don't allow it "Bank’...
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I have ready many, many opinions on the topic, but never one with my specific scenario, of course. I would love to hear some opinions on what others would do in my shoes. I'm a 36 year old in the Clearwater, FL area. ...
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Hey all, I quit my W2 6 months ago with solid reserve set aside and a proven business model. My business is going well and my wife was being offered insurance as a part time RN, but as of December 31st they are resci...
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I own a home out of state (Oklahoma) that is leased until the fall. Recently the sewer main broke and had to be repaired...$$$... That is done and paid for. There was some back up into the house... I've paid for the c...