First time investor here, looking to use the buy/hold/rent long-term strategy. Would love to hear feedback from some pros on my potential first deal.
Property is a single family, 2 BR, 2 BA, 1200 sf, built in 1900....
I just received an email from my accountant that basically stated the IRS has made some sort of change that will require investors to file a Form 3115 or they may be subject to a higher taxable income due to less dedu...
Good Morning BP,
I have a question about reserve amounts. When analyzing deals, what do you budget for reserves? do you withhold a flat rate amount, or do you withhold a percentage of the gross rent? Currently I am ...
After reading "The Millionaire Real Estate Investor" the author was illustrating how the longer you have your property, the lower your % Return on Equity ((annual price appreciation + annual debt pay down + annual cas...
Just prior to my first real estate investment in 2014, the 2% was heavily promoted by Brandon Turner. Then more recently it was lowered to the 1% rule. Now the current staff are promoting around .8%. So interesti...
We were just yesterday looking at some options for home warranty type of services and I think crowd-sourcing this one may help:The provider we were looking at specifically was HomeServe, however there are numerous oth...
Hi there, I have never owned my own home before, but my income is 6 figures, my credit is great and my DTI is below 5%. My issue is that I live in SoCal and I do not wish to Invest here since property values are alrea...
My wife and I just moved to a small mountain town in Colorado and there is a huge demand for vacation property management here. We already have people that want us to manage their property but we are still trying to u...
I have a small 2 BR rental in a great location in Salem ,OR. It's been producing a decent amount of passive income for the last few years which we've been very pleased with. We've received numerous inquiries from inte...