Hello Forum,I currently am renting out an SRO in NYC where a gas leak was found. My question is how bad does the leak need to be for me to have to move the tenants out? Also, the tenants are on a month to month so w...
I want to take $100k of my money to start getting into real estate investing. The goal is long term, to accumulate a few properties, have tenants pay the mortgage, and eventually sell for a good profit (5-10 years)
H...
We moved five years ago and have been renting out our old house that is about 8 hours away. My wife and I decided to sell it to pay off credit card debt so we could start fresh plus it’s been kind of stressful having ...
In a PITI payment are all four portions normally paid as a lump sum to the mortgage company which then sends the accumulated insurance payments to the insurance company once a year and the accumulated tax payment in ...
An economy recovering from a recession, crippling student debt, and an overly competitive job market are just a few of the things to list when naming the struggles millennials are facing in their early lives. Never be...
In the tenant screening process and found what I thought was a good fit. Credit screening however revealed >$75,000 in credit card debt most of which was accumulated over the past 3 years. There is additional 40K i...
Hey, I have $80K-$90K liquid money. Interested in investing in real estateI have experience of 2 years which I did wholesaling
My goals are to increase capital + accumulate properties. Would love to hear suggestions
Hey all,
What numbers do you use when projecting repairs and maintenance costs for apartment buildings?
My rules of thumb have been:
- $650/unit for 2000s or newer and $250 for cap ex
- $750/unit for 1980s-2000s a...
Now using the de minimis/routine maintenance safe harbors instead of bonus depreciation for appliances, carpet and the like. I don't understand why my taxes go up a few bucks when I change move an item (a kitchen appl...
Good Morning!I’m looking for advice on purchasing an off market property.-It is a 3/2 1580Sqft Single Family House.-The property could use 50-70k in Reno.-The estimated ARV is conservatively 100k over the purchase pri...