Hello BP,I recently did a small amount of improvement (<$1000) on one side of a duplex that I am now living in. Projects included installing vinyl plank flooring in two rooms, refinishing kitchen cabinets, and inst...
Hey there! I’m new to investing in Durham and I am thinking of buying a neighbors 3 bedroom house near Duke. It’s not going to be a steal because it’s close to Duke, but I think it might be easier to rent and or sell ...
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Hey there! I’m new to investing in Durham and I am thinking of buying a neighbors 3 bedroom house near Duke. It’s not going to be a steal because it’s close to Duke, but I think it might be easie...
Hey everyone,After researching a few markets throughout the country Omaha was one of our favorites so we're planning a trip to visit in Jan 2018 (would love to meet you guys at Collin's meetup if there is one). I'm po...
For those that own properties free and clear, or even those that are financing, do you factor property taxes into your formulas? I hear a lot about the potential rents and the yearly returns, but I don’t hear many peo...
Hello everyone this is my first deal analysis and I was wondering if I;m on the right track. Any comments are welcomed. It's a renovated 2 story, 2 unit building I'm interested in house hacking. One unit is rented and...
Could someone give me an idea what types of expenses, other than repairs, that come with owning a rental property? For example, is there home owner's insurance and how much is that a year?Also, is it better to have ...
I'm curious to know and understand whether or not you should still consider Total property tax and Mortgage payment as separate expenses on the "4 square method".... in the case that you are having those taxes escrowe...
Is it okay to invest in single family LTR deals that break even? (Rent pays all your mortgage and expenses). I’m investing in newer constructions in a class A/B area and with current rates I can only collect rent to ...
I am having some issues figuring out to calculate how depreciation affects my tax for a rental property. I have an example below. Is it correctly calculated correctly?
Example:
Purchase price: $1,500,000Rehab: $100,...