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I am currently going through the foreclosure process. I am at the very begining and was wondering if it is possible to let it go to auction and wait until it doesn't sell then offer the bank more like what it is worth...
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I am doing my taxes myself via turbo tax and I must say I am underwhelmed with the tax breaks I am getting for owning a rental. My wife and I have strong W2 earnings at about 250k combined and it doesn’t appear that a...
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Hello everyone,
Happy New Year to you all!
I am currently working overseas but have been watching a property in my neighborhood and waiting for it to come onto the market. The ARV is $60k, will rent for $800/mo, a...
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Our property is in Lake County, IL and we are going through a 1st transition from 1st tenants to our 2nd ones. Tenants that moved out this month, left some damages behind (some repairable and some not) as well as didn...
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Hello forum!
I was reading a bit of the posts here and after seeing how friendly and knowledgable everyone was I had to sign up. I'm looking forward to talking with everyone on here, learning and make new friends.
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I live in Ventura California and have a SFH rental in the area that I self manage. Our tenants were burglarized last month and lost $20,000 in jewelry and possessions. The tenant left a window open in the kids room wh...
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Hello all,
A business partner and I have found ourselves in a pickle with a single-family rehab project that we are looking to flip on the backend. This is a 3 bed 2 bath home that we found on Craigslist and purchase...
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What would you estimate your median return on invested capital percentage annually to be between all of your rental properties?
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I recently moved from Connecticut to California. I own some units back in CT and sell Real Estate as a residential agent in both markets.
I have not picked up any new units since 2021. And am looking to get back int...
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Just prior to my first real estate investment in 2014, the 2% was heavily promoted by Brandon Turner. Then more recently it was lowered to the 1% rule. Now the current staff are promoting around .8%. So interesti...