I am thinking of buying a property for $210,000 with 3% down. My goal is to own the property by letting some else pay for my equity. My rental income will be around $1,700 and total expenses will be $1,800, making net...
Hello all,
I've been browsing the site while I socked cash away and I've recently started actively looking for MY FIRST PURCHASE. I would love some feedback on the following deal. FYI My strategy is buy and hold mult...
I am looking for some guidance on managing security deposits, repairs, and return of the balance from a bookkeeping standpoint. This is the first time I am going through this and I want to make sure I am handling it ...
Hi guys,
I've been looking into buying my first multi-family. This property is a 6unit. Without revealing the price, I'd like to know what the investors on this forum are willing to pay based on the numbers. I'm sur...
House is almost ready for rent. I have 1 house now but wondering if my #’s are right.
House was 110% completely renovated from top to bottom side to side and a new roof. House is a 2 bedroom 840 sq ft
Potential r...
I'm trying to figure out the best way to reduce my rental income. I considered a sole proprietorship management company but it just seemed that that wouldn't be legit - maybe it would but I wasn't sure. My other thoug...
Investing in real estate has increased in popularity over the past 8 years becoming a popular investment vehicle, the art of buying to rent really became a broad market approach shortly after the 2008 housing crisis. ...
Hello! Let's start a list of ideas we all can do to pay less taxes! I heard someone on the podcast recently just briefly say "Learn to live on pre-tax money." And I haven't been able to get that out of my head since...
When looking at the opportunity to increase NOI through decreasing expenses the ability to bill back water/ utilities to the tenants clearly looks like a winning proposition. In many of the C+/B- areas I am looking fo...
Is there a benefit, tax wise or other, for paying all renovation costs to the contractor including materials through an LLC for real estate investing? Or is it more beneficial to pay personally and direct to the contr...