SFR rental in Santa Rosa, CA is projected to be $916 monthly negative. Rental income is $2400/mo. Operating expenses $1571/mo. Current mortgage payment is $1745/mo. Expenses include $240/mo paid to one partner for PM...
For those of you investing in south Jersey, does anyone have a recommendation for a CPA or any advice on finding one?
We just househacked our third house. I have someone who wants to BUY the house we just left. We were contemplating selling it next year and using the $200k we have in equity in it to purchase a could of rentals inst...
This is a newbie question.I am starting to 'take action', and my first step is reaching out to real estate agents, which I have already done. I've also been emailing with a property manager, who recommended a REO brok...
Hello, I live in 2-family house, I live on the first floor and rent out the second floor. I am wondering if for the 2 of the 5 years before the sale, I use both units for myself (e.g. I can have parents visiting me an...
My wife and I bought a new house with my father (so we could all live together; my father is elderly) in October 2016. We kept our old house, which I have owned since July 2000, and spent about a year doing renovation...
I recently came across a multi family unit with a good asking price in my eyes, everything went pretty smooth even had a time to meet and put house under contract. But the guy wanted a 6,000 deposit on the property...
Hey all,I have a rental property in Clifton NJ that is currently an LTR. With the tenants moving out, I'm toying with the idea of converting it to an MTR. Would love to talk to someone in Northern NJ who is knowledgab...
Hi all,I’ve just recently discovered BP and I’ve been pleasantly surprised at the wealth of information available and the number of people who are so willing to help. Hopefully I can tap into this knowledge pool with ...
I had an agent that I worked with almost 5 months ago that was showing me properties. It didn't work out and I ended up not working with them. I told them we were getting out of the housing market and didn't need to...