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Hi Folks,
Our friends at the IRS are auditing my 2009 return, mostly because of my real estate professional designation.
I have a full time job and the rentals take up all of the rest of my time and I easily spend mo...
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So I have 1 property worth $650,000 in miami beach, I still owe $232k on my mortgage, Im making bi-weekly payments and paying an extra $1000/mo and its leased for $3500/mo and maintenance + taxes are around $1300/mo. ...
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BP, Minimal or no appreciation, lower overall values, hit or miss area but constant cash flow. Is there a problem with this? My strategy is to replace my income with rental properties.Slice and dice it!Matt
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Hi BP,I know this may seem like an odd question and one I don't expect many people to answer for privacy concerns and not wanting people knowing your personal finances. I would like to know if there are any people out...
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Who is suffering in a market from Covid-19 so far?
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Hey guys,
I’m thinking of going in on a duplex in a great, growing area of Fort Myers, FL. $380k, 2003 build, $30k of CapEx (paint, roof, AC, water heater), $3,300 monthly rent, $500 cash flow, 5% CoC return with a ...
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Apparently the teleprompter didn't make the facts and figures clear enough.
http://www.sfexaminer.com/politics/49982712.html
Thank god they figured out they were wrong after t...