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Ok, so I sold my investment house in Commerce City, Colorado.
Denver area, for out of state people.
We bought it 2 1/2 years ago for $120,000
Mortgage was aprx $900/month
Rented it out for $1,900/month
Listed f...
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Currently, I have rental property in California, Colorado, Texas and Virginia. I am looking to buy another SFR or possibly duplex, and the main issue is monthly cash flow. What state or states seem to be the best fo...
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I have been working on setting up a modest vacation rental in the Portland metro area. In the past, friends of mine were raving about VRBO, telling me it really does work- and they had a reasonable fee structure. But ...
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Contractor is a month past deadline and not even half way done with job. (Only demo..rough plumbing and some rough electrical).On my last visit to the site about 10 days ago there wan no progress from my previous visi...
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Fellow investors!I certainly lucked out in my first flip down in San Antonio. Purchased it through a wholesaler after doing a walkthrough with the contractor. Per wholesaling contract, I have to do all due diligence u...
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Me and my wife are coming into $1 million here soon. We do not want to "work" full time. If it's even possible, would it be a good idea to buy a multi family, hire a property management company and just sit back and c...
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So an experienced CPA recently told me that essentially all costs incurred prior to placing a tenant are considered to be acquisition costs and get written off only as depreciation. Is this true? I'm sure he knows wha...
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Not that we are super experienced but if we hadn't taken classes this is something we may have fallen for. Recently we found a house for sale by owner on Zillow. We contacted the seller and received a text back that i...
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I'm going to skip right over pointing out that in 1997 Obama said Bush was wrong in referring to Iran as a nuclear threat. We all know Obama will say anything and won't get called on it to verify it so that's a pointl...