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I would really appreciate some opinions on this. My husband and I purchased 2 properties at a steal 2 years back in a cash deal. We totally rehabbed the first property, and immediately did a rent to own with it. We fi...
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Hi all-I was reading one of the blog posts on the Short Term Shop blog about Schedule E vs C, passive vs non-passive. In the blog, they reference, "According to Treasury regulations, vacation rental owners who rent th...
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Damn I wish it would slow down. :)
I have 1 year leases and cannot play catchup on the rent increases fast enough!
The biggest shocker was my section 8 rental in a blue collar neighborhood. I have been getting $1,09...
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Just listed my first flip. My agent did the comps and after doing my research I instructed her to list a bit lower. The property is at 20 DOM now and there has been 4 viewing with no offers. This flip is in Baltimore ...
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I've been looking to invest in upstate NY in areas such as Rhinebeck, Catskill, Hudson, Newburgh, Saugerties, and Kerhonkson. I know Woodstock and Olivebridge are very restrictive but am wondering which towns don't ha...
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I just got into escrow for a new house and the lender that got me pre-approved is quoting 4.5% with 0 cost and fees. A quick research online shows national average at about 4.25% APR. The 0.25% amount to about $80 ...
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'Member when I was sounding like a broken record about low interest rates and low inventory? Yea, it's kind of like that but in opposite world. The Fed just announced another .75% increase in the prime rate (that is...
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What is the average spread (difference between what you are charging your guests and paying your cleaner) for your turns? $25? $50?Can we not create a poll in here to make this more anonymous?
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In the Ultimate Beginner’s Guide, they talk about the 50% rule. Half of all expenses come from mortgage and you should budget the same amount for repairs, maintenance, taxes, etc. I have not bought my first property y...
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Market stats came out yesterday, and it's always fun (at least for me, a real estate agent who likes stats) to take a look at what's happening.Big picture? Buyers have a little more power than they did six months ago ...