Investment Info:

Single-family residence buy & hold investment.

Purchase price: $199,000

Cash invested: $50,000

Bought as a personal lake home with the thought of it possibly being a STR. Welcome...

What do you include in your new tenant welcome letter / package?  

Hey guys!
I am doing some renovations to one of my units and I am going to be installing a washer and dryer in the unit so they do not have to share with other tenants in the building. Long story short I do not have ...

I owner occupy a duplex and would like to do an inspection on the rental unit as the one year mark is approaching.  How much advance notice do I need to give the tenant?Do I need to give the tenant the option to be th...

I am cautiously eager to enter my first deal as an investor and looking for some guidance. My situation is fairly unique. As a full-time pilot on corporate jets, I’ve recently had an interest in real estate. I obtai...

Let's assume $183/month to account for total CapEx useful life. Considering the property and all appliances, etc are brand new, does it make sense to include $183/month for Capex in the operating expenses portion of m...

Did you know that you can increase your cash flow simply by utilizing accelerated depreciation of your real estate property? By accelerating your depreciation schedules, you reduce your taxable income which in turn in...

We have a 10 unit apartment complex that has a laundry facility that has 2 coin operated washers and dryers. We are in the process of fixing one of the washers that is going to cost around $400. When looking at spe...

im plainibg on replacing my old carpets in 3 bedroom, hallway and stairs with new hardwood floor. New privacy privacy fence and new stainless steel appliances in the kitchen. I am wondering how it will reflect in my h...

I am about to rehab my first property as a buy and hold rental.  It is a 3 bed 3 bath SF home.    Part of my rehab will be a new kitchen including new cabinets, range, dishwasher and counter tops, etc.    My question ...