I am in the process of closing on my first deal and I can't stop thinking about lining up financing for my 2nd!
Here is my situation:
Starting on May 1st 2012 I rented two spare rooms in my personal residence. I had ...
Would you rent to a prospective tenant who is in Chapter 13 bankruptcy if they pay for full year up front?Thanks!
Would you consider a tenant applicant who supposedly has great rental history, great work references, etc., but works for himself and gets paid in cash, "under the table"?This is a red flag for me as I assume if he bl...
I have a property under contract in Baltimore. Since the deal is under way, I am looking at this discussion as an autopsy. I already have thoughts on my It is a newly rehabbed property. The buyer bought it for $45K an...
First off I'm a newbie.
I'm searching on loopnet for MFP 4-6 units in Orange County in the $1-$1.5M range. It appears that even when I'm reviewing the pro formas for properties within a quarter mile of each o...
Hello,I have a fairly high AGI and am wondering if there is an income cap for taking the mortgage interest deduction and depreciation on any rental properties I may buy in the future. I hunted around, and I don't bel...
I am still a bit confused about the whole topic of tax benefits from having rental property. Can anyone take a look at this example, and let me know if I am doing this correctly?
An investor has a full-time job makin...
Hey all!First time post but I have been following BP for quite some time. I'm facing this dilemma of whether or not I should hold on to my million dollar, unrealistically tiny town house. Here's the situation: Situat...
http://www.msn.com/en-us/money/realestate/looking-to-buy-home-values-are-dropping-in-these-markets/ar-BBm5wE6
There seems to be two schools of thought circulating. One in which people are saying everything will return to normal once the Coronavirus pandemic ends and one in which they say this is just the start of a major down...