Hi Everybody. If someone intends to owner/occupy a home after renovations....and the approved contractor has an agreement on the job...Can the GC "supervise" the work done by the borrower or hired help (trashout, prep...
Lets assume I acquire the house 100K to keep it simple and its a 20% down payment the rest is leveraged. Lets say my mortgage is $800 and I charge my tenant $1500 a month. Taxes in Illinois are 2.8% or so so thats rou...
Does this make sense? Say someone has a house worth $250k thats complete paid off, free and clear. They want to sell it and avoid some capitol gains. So they do a cash-out Refi to put a $200k mortgage on the property ...
Hello I am fairly new to wholesaling and i have a potential deal that has back taxes owed on it, however since i know that the buyer may be able to talk to the city and get the taxes reduced should i just write the co...
Hello - I'm six months into my first investment property, a 4-plex in Midcoast Maine, and thought I'd share the numbers based on the experience so far. There's so much talk about how high prices have gone and how har...
As we work towards becoming more green, did you know there are actually two energy efficient solutions that you can utilize with your real estate property? And better yet, you get tax credits and tax deductions for ut...
As we work towards becoming more green, did you know there are actually two energy efficient solutions that you can utilize with your real estate property? And better yet, you get tax credits and tax deductions for ut...
Do you landlords in Philadelphia pay for water and trash in duplexes or put it on your tenants? Do you charge just for water usage or the whole bill? Is there City regulation on that? And how do you split the bill if ...
In general should I reduce next month's rent if I owe a tenant for expenses they incurred or should I write them a check? I am thinking of record keeping and tax implications.
An often overlook discussion of multifamily investing are utilities. While the topic may not be top of mind among most investors having a plan reading them could mean the difference between added income or incurring u...