I am a newbie investor and I have a seller finance deal in the works that’s looking really well, I was wondering how do you make the monthly payments? (Principal,interest, taxes, and insurance) Usually with traditiona...
How does capital gains tax work for a land contract sale?
If a property was purchased say at $50,000 and then sold via land contract at $ 90,000, assuming everything simple, and there is a capital gain of $40,000.
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I currently am using property managers from my rental properties. One property manager told me that he would send me the signed lease of the tenant that passes his screening process. I asked if I could see the applica...
Hi Guys,
I am doing a financial review of my rental homes and would like to measure the performance of my homes. I do the following .
1. Get all rents for 2021 and subtract the expenses which are Principal, Taxes, I...
Hello everyone!I'm beginning to scale my rental portfolio and using funds from a HELOC to cover cash to close on my properties. I was using HELOC payment calculators online to gauge the cost of the cash to close per p...
Hi,
Is interest on a loan for a piece of real estate considered an amount owed on the mortgage of a property when calculating the equity for a piece of real estate?
From what I understand, equity on a property is th...
Real estate is a long-term investment, and market downturns are inevitable. What strategies can I adopt to safeguard my investments during challenging economic times? Should I set aside a portion of net profit to pay ...
My title should have read "Am I over leveraged or did I just score two low or no money down deals?", but that was way too long. I've acquired two properties within a 1 month period, which are properties 2 and 3 (I'll ...
I am sure this question has been asked 1,000 times so if someone wants to direct me in the right place, I would be very appreciative.
In my town, a normal Cash on cash return is around 6-7% if you are paying ...
In my market (Denver metro) properties are pricey and the amount of money that could be saved on interest for a 15 year vs 30 year mortgage is significant. I am thinking that properties here would be best utilized by...