When you write up your profit and loss statement, how do you break down the mortgage? Is the interest, taxes and interest the only loss? I'm assuming principal is not written in the loss category even though it goes a...
Here are the facts on this potential purchase: (2) adjacent properties, (2) deeds, owner wants to sell them together.
First Property: (3) units
Gross Rents $1625 per month
Water/Sewer: $600 per year (approx.)
Insuran...
So it seems like these days a lot of companies are popping up following the uber business model. Today I ran across the http://plowzandmowz.com/ app. I was wondering if anyone has given them or a service like that a t...
A few weeks ago, San Diego was rated as the least affordable city in America to purchase a home. This does not mean that we have the most expensive homes, but rather wages have not caught up to the skyrocketing price...
So I just purchased my first multi family (3 units) in Haverhill, MA. the first floor unit and second floor unit are already rented out for what the current owner stated is 1400 a piece and claims that the tenants alw...
Hello,
I am new to this forum and REI world. Have been a passive listener for just a few weeks. As you can imagine, I am very nervous about making the first deal and trying to build my "team" locally.
Can you pleas...
I do not smell nor does male tenant and his wife has not moved in yet from out of state. His realtor was at home helping him move in stuff to prepare place and said she smelt gas. We could not smell it, but I put my h...
After 2 weeks of dealing with several different forms of water damage (leaking water heaters, refrigerator lines cracking, toilet tank seal cracking, etc), I'm going on the offensive. I started researching leak detec...
Hello Folks. I am semi retired and new to REI. My background is in Accounting/Finance and Communications (electronic media specifically radio) I read a lot of literature on the topic and attended countless Webinars...
I'm selling my house in Arizona via FSBO. I used a flat fee lister for the local mls. He just called to ask if I had a contract. When I asked where that question came from, he said he heard it was appraised. I said it...