I'm new to rentals and looking for my first. I found a multiunit that shares a single electricity box and water/sewer so the owner pays all utilities. Even with charging extra rent to accommodate the costs, it seems l...
So all my equity is tied up in two duplexes and I've been informed that no lender offers a line of credit on multi-fam. Is there anyone out there that does? I hate that my equity is trapped (my interest rate is SO low...
Hi all,I'm an out of state investor and have a question for other fellow long distance investors.Do you pay your contractor/property manager if they stop by to take photos and videos of prospective properties you're l...
I'm trying to wrap my head around this process. I've found some points (quick Google) that show the requirements for permits, however I'm unclear as to WHEN.Before any demolition? after? Any requirements after contrac...
Just started in this journey, looking to buy beach front vacation rental property (I know - typical) to become part of my retirement portfolio and possibly my retirement home . Looking to learn as much as possible an...
Hello,If I make money through rental properties and through 1099 income, should I set aside a fixed amount from each income stream for taxes? If so, what percentage would you recommend?
I have a duplex in Philadelphia that is currently being serviced by only one gas line/meter. I'd like to split these lines so that in the next lease, each tenant can pay their own gas. I've spoken with PGW (utilities ...
I was recently laid off and have accumulated about $20,000 in credit card debt, primarily from paying last year's property taxes and covering a few months of living expenses. I own a house with approximately $400,000 ...
I own my 1.5M primary residence free and clear, and am taking my first steps into being a rental property owner. And have about 5k monthly income I can use to cover negative cashflow.There are no cashflow positive pr...
Last week I was in contact with an owner of a 40 unit apartment building in Independence, Missouri. The property was under a HAP program. To be honest, I was not familiar with the HAP program. All I knew is that the H...