what is the breakdown for the 70% formula?how much of a % can i expect purchase closing costs and selling costs?holding costs?hml with holding costs?how come nobody explains the breakdown of the actual 70% rule??the 7...

Elaborate story here.. quite a nightmare. Please read through and help.Setting the Table:Property is in San Diego, CaliforniaJust purchased and closed on a nice primary home with a granny flat in the back that is rent...

Of all things to prosper in this economy, who would of thought that Americans are rushing out to buy SAFES.

There is a run on safes in America.

It makes sense, really.... a place to save our money, our valuables, ou...

Hi,

I have been thinking about different ways to get some rental properties for a few months. I was thinking a good way, before the market really rises, is get some Subject To or under a lease option, with the optio...

I was reading about and researching this over and over again, books, IRS pubs, here, elsewhere. I cannot get a conclusive answer even in forums with seasoned CPAs debating this topic.

That much is clear:
- If you hav...

Hello everyone - thank you for clicking in here!I have a friend/acquaintance that I have known all my life. We aren't super close, but we trust each other and we're both logical people with decent incomes and are cons...

Here is a problem that I am having with people who are saying they are private lenders. You will hear them say that it’s all hard money. They say this because of the interest rates. Little do these people who say they...

Still trying to understand what we have to do to accommodate a service animal, but long story short, we have a tenant  (the only person listed on the lease) that we have noticed the smell of dog and cat when our lease...

Starting with no money in your pocket? Or do you have a little that you would like to stretch and use to buy 5 properties instead of one?  Here are my top 5 strategies for investing with little to no money of your own...

I live in New Jersey and am currently in the process of starting a property management company. However, I came to find that in NJ you need a real estate broker's license to do property management. Does this mean that...