From what I have researched and learned one of the pre screening rules it that a tenant must make at least 3x the monthly rent which is a logical rule that makes sense. but what about an expensive market wh...

So I bought my first rental in Kalamazoo, MI. It's a SFR which I will be living in one room and subleasing the rest of the rooms. Tenants/roommates will be paying my mortgage and I will still have an extra $200 left o...

I suppose I could ask my cpa but Ill see what you guys think on this first so he doesnt bill me for consultation fees...situation: my partner and I wish to finance a property. due to the deplorable lending market, its...

I talked to an applicants current landlord and he said that the tenants are late with rent 50% of months over a 2 year period. However they are honest and always pay eventually including all late fees.

I talk...

Hello,I see there are plenty of other posts with great information regarding tax write-offs and AirBnBs, but I am specifically asking about write-offs in conjunction with using a STR management company. Context: Curre...

We are purchasing a seasonal retirement community from current owners with owner financing.

385,000 for 15 years @6%. NOI is 50k

We do not plan on buying any other investment property.

We have the means to pay...

How do you make purchases and manage receipts for your rentals?

Hello! Tax question from a new real estate investor. Right now, I have a side business making 100k/year and two rental properties I bought this year that cash flow about $800/month. If I deduct all my actual expenses,...

I currently live in a condo that costs $800/mo for PITI and HOAs. The rental comps are $750 on the low side, $850 on the high side. It's break-even at best, but being realistic, it's not really going to make me mone...

Hello new to the forums here, first off I'm loving the site and plan to use it to it's full potential.I have alot of questions but I figured I'd start out with something that is relevant to my current situation. I cur...