So long question short, my rental property averages about $150 a month cash flow after regular maintenance expenses and minor repairs. But for a capex expense, my next one being a bath tub replacement or replacing the...
Hello BP friends. I need your help on what to do with my rental.My monthly mortgage payment is greater than the rent I can get by $150 and the 2023 taxes are going up another $150/month.I’m sure this is a common issue...
HiNot sure if this is the right subforum, let me know if there is another one more fitting for this question.I have recently been exposed to a method of investing, buying properties with cash, then selling it quickly ...
Forgive me if this has been posted before. A search didn't find anything. As you probably know, the Democrats in the House passed the Hereos Act, A part of this bill calls for a Federal Ban on evictions of any residen...
Im sure many of us have read all the warnings and reviews of buying low price properties, and the problems typically associated with them, but all that considered, it is what first attracts a lot of people , indeed th...
If a house sells 50 k and rent for 1000, it meets 2% rule. But actually I think it is not necessarily a good investment.
Assuming SFR, 1500 sf, 3 be 2 ba, in small Midwest town. Move on ready. 30 years old. No renov...
At one point somehow I accidentally paid my mortgage on an investment property twice in the same month.
That was dumb, I thought, after realizing my mistake. However, instead of calling the bank and trying t...
Hi Friends! I sure could use a piece of smart advice right now. I have a rather nuanced problem. Our home is a two-family, and we have a beautiful one-bedroom apartment at the side, where we have rented to a timely pa...
I know when you first get started investing in real estate, money is always a tough situation. You never want to lose money when you're buying and flipping a house. When flipping a house you should make as much profit...
I have searched the forums and blogs on the subject, and it seems to be slightly leaning toward CPA/professional preparation.I have used a professional for the last 10 years and each year, my costs have increased (we ...