I own a 3 plex in Newark NJ. As we all know, you can increase cash flow by increasing rent (working on that), but also decreasing expenses. I had always planned to refinance, but am considering it a lot earlier then I...
Hey BP!I want refinance my Florida SFH. Its FMV is approximately $200,000, and I own it out right. I collect $1300 in rent every month, $100 goes to taxes $70 goes to insurance and $100 goes to cap ex and vacancy. So ...
Hello BP community!I realized I need to utilize this resource more when I have situations I'm not sure how to handle as a newer investor/landlord and could use the input/advice of a group of experienced people. Here i...
First of all I want to say that cash flow is not the leftovers after you collect rent and pay the mortgage. I see conversations all over BP talking about cash flow and it gets very misleading and confusing. Especially...
Hello fellow money makers,Can you offer any resources on where I can expand my knowledge of how macro events influence regional and local real estate trends? Questions I'm trying to get better at answering are: Where ...
Hello Experts, need advice on how to deal with this situation - a couple co-signed the lease, now the husband ended-up in jail for beating the wife, now wife has a restraining order on the husband but asking me to ame...
It's been difficult to find answers for this specific situation, but I was curious if anyone could answer based on their experience. I'm not looking for tax advice, but just curious how capital gains are calculated w...
Not sure if having a home security system on your property is normal when renting to tenants. But my question is whether or not it is permittable to have exterior cameras around the house that you may have access to i...
Hi everyone,Wife and I purchased a vacant lot with the plans to build. We decided to go a different route. we purchased in may of 2022 for $80k. We invested another $20k for improvements, draftsman fees, permits etc. ...
Hello, I make a money through W2 as well as stock options. Right now my taxes are high, due to stocks. I am curious does depreciation of rental assests reduce the total taxable income? Thanks, Amby