How much monthly rental income do you need to NET (what goes in your pocket after loans, repairs, taxes, etc.) to quit your job?  

Hi all,Currently undergoing extensive renovations on a triplex I purchased two months ago. I am looking to purchase and install two new furnaces and keep one of the existing furnaces in place. Looking for cost effecti...

Anyone have an opinion on what the optimal number of single famly rentals to have is?Let's say the goal is to achieve unlevered returns on capital of 7%, but be relatively hands off via a good property manager.  The i...

This is my first attempt at a lease to share agreement. I was wondering if any of you had any suggestions as far as wording or additions to this lease? also wondering about the rules, I guess as a whole, what do you t...

Newbie here trying not to overextend myself. So lets say I have my eyes on a property. How do you go about determining your monthly nut (as far as taxes, insurance, and maintenance)?And once you have that figure, how ...

This is my first post here, and I am just starting out, trying to learn, and hoping to make my first purchase, so please be patient if I am asking very basic questions. I just analyzed a property using the Bigger Pock...

Hello,I live up New England and have the opportunity to buy a rental (a house) in Cape Coral, FL.  My question is, Does the Renter pay for the water treatment material like salt and conditioners, or should I supply th...

Hello All,I have a situation. Not sure how to approach this and any advice/suggestions would be appreciated.I have a friend who asked me about a reverse mortgage. He is 55, his wife is 67 and disabled. She owns thei...

I am going from 1 tenant to 6 in the next month. How do you receive payments? I am setting up a P.O. Box and will be sending an addressed return envelope with the tenants monthly bills. I do not have a place for peopl...