My godfather owns a tri-plex that he is looking to sell to me for a price of $65,000. The property needs roughly $15,000 in work, bringing the total all-in number to $80,000. The property is in a D class area and the ...
My buddy is considering buying a duplex, living in half, and renting the other half.
Would he be able to deduct all the interest paid on his mortgage, or only half because the other half is a rental?
Thanks in adva...
Hey guys, so a couple things are going on right now: my mom (who is a veteran) is ready to retire in peace but needs help to do so and I currently own a travel trailer and am looking for a place to park it and potenti...
I have the opportunity to purchase a small apartment complex. Current ask is $275K.
Total income for the complex is stated at $34,905, total expenses are stated at $17,388.40. I have only been given a basic break...
Hello all,
So I had a tenant whom I had to give a notice to leave. So the rent due for this tenant was $850 ($675 for rent plus $175 for utilities). The tenant never transfered the utilities on her name.
The tenant ...
Haven't done a sec 8 for many years and now have an applicant. I just lowered my asking rent. If it is below what sec 8 pays can I ask for the higher amount? After all it is worth more with all the hassles. Would p...
I am looking at a property that due to a variety of circumstances it does not have a lot of historical information available. This got me thinking about how to estimate gas, electrical etc. Yes, during the DD period,...
Just an FYI of what Forsyth County is sending out in relation to rent relief:Forsyth CountyNews UpdateRent & Utility Relief Program Available Beginning March 8 for Forsyth County Residents Impacted by COVID-19Rent...
Hello,
I am looking to split the water expense and wanted to know who I can reach out to that can help out with the process. Would it be a plumber? Has anyone gone through this experience before that can share what n...
Price 1% rule =desired rent189,9000.011899Des Moines, IA 50310price 189,900closing co 2000monhrent 1,400.00 inspect500total cost193,800 Loans price 189,900Down % |downpay6646.53.50%total loan183,254 Money Nee...