Jennifer Rogers
Best way to collect rent electronically
Hello,
I have my first rental property and I'm wondering how to collect rent online like via ach without paying a fee. Has anyone used the rental manager tool at apartments.com? They claim to not charge any fees but ...
Nic Daigle
Tax deductions if maintenance exceeds rental income
Hello All,I recently put new flooring in my townhouse before new tenants moved in. The cost of the new flooring was approximately $3,400. I'm also in need of a new roof. I have the cash to do it and would like to do i...
Jordan Hamm
Help with Newbie Rental Calculations
Wondered if I could get some more experience REI eyes to look over my numbers. Something doesn't seem right—am I really not going to make any money?I'm looking to convert my current home (7 yrs old) into a rental.Curr...
Michael Krassos
Please Help to Analyze First Deal
Hi all, trying to decide if I'm just getting cold feet or jumping the gun as a newbie!!
I have a counter-offer on the table for $205k. Please review the following 2-family home in NJ.
Financials
...
Stephanie Mccolaugh
Separate bank accounts for property
We are purchasing a property that is (1) parcel of land with (2) single family homes on it. We plan on living in one home for 1-2 years as our loan is based on a primary residence, and renting out the other home. For ...
Jordan Hamm
New member calculations... Looking to learn
Wondered if I could get some more experience REI eyes to look over my numbers. Something doesn't seem right—am I really not going to make any money?I'm looking to convert my current home (7 yrs old) into a rental.Curr...
Sam Bewley
House Hacking in So Cal Market - How to make it work?
Hi All! First time posting here. I have been studying and researching this method and would love to get my foot in with my first property. I have been looking for some great deals that I can get creative with my first...
Joseph S.
Is it likely to get tax returns from sellers of a 3/4plex?
Hey all,
I'm preparing to purchase my first 3/4-plex and have read a few books so I have a good grip on the fundamentals, but not much "street knowledge". One of the keys that all the books push is confirming mainten...
Ben Mizes
Maintenance / Capex for lower income large apartment from 1960
My partner and I are looking at a 128 unit complex that's made up of 8 16 unit buildings, with a average rent of $450. The building was made in 1960.We're not entirely sure how much we should project for maintenance /...
Joseph T.
Looking To Purchase First Duplex
Hello Everyone,This is my first post on BP. I currently rent in the Philadelphia area and am looking to buy a multi-family home to occupy myself and also rent the other unit(s). I am having trouble finding properties ...