Real Estate rental income is earned when a real estate is leased for rental income generation. Rental income generally is treated as unearned or passive income for income tax purposes. Rental income is reported on Sch...
My lady and I are moving to Columbus next year and will be buying a in the $450-$500k range. With 10% down, PITI will be about $4,000/month which is around 25% of gross earnings per month.
Comps right now for 2-3 BR ...
40 yrs old and currently own about $2M in single family investments which generate about $144K/yr. gross. Have aggressive 15 yr. mortgages on them with about $600K paper equity. Most of these loans are fresh so no e...
We have 250,000 equity in our primary home. Does it make sense to pull the equity out to purchase cash flowing properties?
So I have a property I am looking at that will require a renovation and could potentially earn a revenue of 73k per year as a short term rental on a 240k property. Probably a 35-45k renovation Unfortunately I do not h...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $125,000
Cash invested: $25,000
Duplex 2/2 each side - walking distance to the beach. Could raise the rent ...
I have been listening and reading about this “infinity banking concept” and found it really interesting. Anybody currently using this? Pros and cons?
I am brand new to real estate. I just passed the exam and applied for my license this week. I am not planning on working as a real estate agent for my career. Rather, I chose to get the license so that I can negotiate...
I have just been able to purchase my first 2 properties with cash. I had to do so as I am permanently disabled so have very little verifiable income. I did use nearly all the cash I was able to set aside to do so...
I am about to purchase my second property with almost 100% financing & equity from my first property. Goal is to buy a third a year or two after that. Question is do I use any extra money I have to pay down the mo...