Hi! I recently closed on a single family in a residential community with an optional HOA (Annual fee is optional to pay). After moving in the HOA informed us of covenants on the property attached to the Deed. The sell...

I have been reading up on the 50% rule, and i am trying to understand it fully. My previous method of calculating expenses only adds up to a mere 35%

my old way includes

Property tax x 12
Mortgage insurance x 12
Re...

I am looking to finish a room above a garage on my first rental. Flooring, drywall, insulation, electric, and HVAC will be needed. I am not making it a bedroom, just an extra room for an office or whatever the renter ...

Hi All, I am a contractor doing business for over 30 years. Was in a partnership with my father since the early 80's in New York Suburbs. Back when we started and land was cheap we built a few spec houses and did ok. ...

Hi All, I have an LLC and recently completed my K1 return for my LLC. My question is, for my personal tax return, do I need to complete the Schedule E and/or Schedule C? Or is this not required for my personal return,...

Are there any Loan Terms Agreements available to use when securing private money on a property?

Hi All,I am a new member who happened to stumble upon this site recently. I've learned quite a bit so far as I got into the rental game after I moved and didn't find it financially sound to sell my first place and ren...

Pros / cons?

So after 1.5 years of searching, putting in offers, losing deals after inspections, yesterday I finally closed on my first investment property.

I put together a document of all the lessons I learned that I did not ...

I just went under contract for my first flip here in San Antonio.  I want to run the numbers by somebody first.  I'm an experience RE agent (8 years, sold over 300 homes lived in SA my whole life) so I feel my ARV wil...