I recently bought a large duplex as an owner occupied, mainly for the better financing terms, but my goal is to move out as soon as I can to start generating cashflow on both units. To give you some more context. Eac...
𝘾𝙤𝙡𝙪𝙢𝙗𝙞𝙖 𝙃𝙚𝙞𝙜𝙝𝙩𝙨 5 𝘽𝙚𝙙𝙧𝙤𝙤𝙢 This was a deceptively spacious home on a double lot in Columbia Heights. Unfortunately, it was located directly across from a mobile home park. We knew we had to make this one beautiful ins...
Hi All, I'm trying to understand what the tax implications are for selling an owner/seller financed note.
Here is an example of my situation: I acquired a 1 acre parcel for $15K. I spent another $5K in clean up, mow...
Just purchased an investment property built in about 1960. We've just about finished repainting the interior, but there is a persistent (what I call) "old house" smell. It's not from a former smoker, and it doesn't ...
Hi, I’m looking to invest in a duplex where the previous owner was a heavy smoker. I saw a lot of posts on using Kilz and Vinegar and cleaning the Hvac and replacing the carpets. I’m out of state so can anyone share h...
We have a rental home with a current tenant who will be moving out in a 2 months. We would like to advertise the home and show it to new, prospective tenants. The current tenant is not clean- the bathroom and kitche...
I finally got renters out the house I just bought and they lived like pigs and had smalls dogs. I pulled out the carpet out the house so there's absolutely no carpet in the house and I scrubbed the house with vinegar....
I just bought an apartment complex. One of the units was occupied for nearly 30 years by a chain smoker. He had a stroke one week after I bought the place and his family is cleaning out the apartment. SIDE NOTE: This ...
Are you boarding up the windows for your tenants and delivering them sandbags? These are the request I’m getting
I’m looking at a property in Miramar Beach, FL. Chase flow would be in the negative at that price. What kind of cash flow percentage should be expected in a beach vacation property?