Braden J.
My first property
My first property and first post. Just closed on a brick 4-plex ranch, two bedrooms each, fully rented with good tenants. Paid $115,000 with a 4.5% 30 year loan. Gross Schedule Income is $24,500 with rents currently b...
Ted Harris
10 Reasons To Buy a Home
Enough with the doom and gloom about homeownership. WSJ article below explains why owning a home is a good thing. I agree especially if you know you will live there at least 3+ years ....
1) You ...
Pandu Chimata
Flip tax filing question - this year or next year ?
We bought a property for flip last year and we have completed all the work last year but the house is still on sale. All construction expenses are incurred last year only but the house is still on sale. Should I be fi...
Caleb Rehg
Question about who covers certain expenses.
When using a BRRRR strategy or any real estate investing who typically pays for the variable expenses, such as gas, electricity, and water? Is there any other expenses the tenant covers that the owner does not?
Kyle Meyers
Are unpaid utilities only a lien if they are city owned?
All the utility bills for my properties are paid by the tenants, I want to make sure that if they stop paying them I won't be on the line for the bill, or at least I will be prepared and check the status. I can't find...
Scott VandenBerg
Property liens by utility
Has anyone ever purchased a lien put on a property by a utility? (Electric, lets say) What document is used to record the sale of the lien? Anything else to consider?
Arthur Banks
Owner occupied duplex
Looking at a 2 unit 3BD, 1BA, full shared basement that can be sectioned off for secure storage, 2 car garage, separate utilities that I am looking to owner occupy. It's a HUD property in which they are giving $30...
Roger Reyes
New to Rural Property Ownership / Investment
Investment Info:
Other buy & hold investment
Purchase price: $190,000
Cash invested: $60,000
17 Ac (Unimproved Land)
What made you interested in investing in this type of deal?
Average sel...
Ray Slack
Do electric PPL bills attach to a house after and Upset Tax sale?
Question on a luzerne county upset tax sale property.. Does a PPL electric bill attach to the property and covey to the purchase at an upset tax sale?
One of the properties I'm looking at doesn't have any mortgages ...
Jeff Goedeker
P&L excel template for rentals
Anybody have a nice profit and loss template set up on excel that lets you plug in your numbers each month? Looking for it to be geared toward rentals. Appreciate anyone willing to share. Thanks!