I self manage a portfolio of 6 units and am wondering about the correct way to account for general expenses that span multiple properties as tax deductions. For example, things like tools or building materials that I ...
Hello BP,Im looking to buy and hold a property and for my analysis need to find what I can rent the property out for. What would you say is the best way to get the average price for rent in the area? I also need to fi...
I started looking into refinancing the mortgages on my investment properties- no cash out refinancing given that interest rates are low; my interest rates are b/t 4.75-5.25%. It seems that closing costs are too prohi...
Hello,
I would just like to start by saying that I'm pretty excited to join this community :). The amount of information and experienced members offering advice makes this website a gold mine!
About me:...
The Internet is a marvelous tool - - enter the right search terms and you can find almost anything. 'Google' is a mathematical term, not a search engine per se. It means "Something beyond comprehension". So we searc...
Why would a home owner pay taxes every year for a property thats is vacant? I live in Newark NJ and there are vacant or abandoned properties all over. One in particular on my street and the house is being taken over b...
I’m currently on the look out for a property to make into a rental property. I’m just running into a couple things I have questions about. 1.) I am a very mathematical formula depending human being... & so that ca...
Can't get a hold of their references, claim they are employed, offer last years tax return, but when I decline and ask for a recent pay stub, I never hear from them again...
I've had so many weirdo's apply recently w...
Hey BP!
This is my first BRRRR, and I Just got my appraisal back for the refi. Quick deets:
58k purchase + 8k rehab + private loan interest/closing/refi closing = All in at 75kHome appraised for 120k post rehab, ...
I am a 30 y.o. Mathematics teacher in Hudson County, NJ and I currently rent an apartment with my wife (also a Math teacher). We were blessed to have a little baby to enter our lives early this year. During this pande...