So I have a potential deal...ran the BP prop calc...but might not understand everything I'm looking at...ok...here we go1050 rent927.96 mo expenses122.04 mo cash flow4.37 CoC ROI 7.02 purchase cap rate0.91 income expe...
Fellow Landlords, this is new to me, so I need some advice. Inherited a tenant when I bought a duplex. Their normal living conditions are dirty to say the least. Lease expire 07/31, but they have abandoned the propert...
Hi everyone! My name is Michael King. I found bigger pockets one day while searching for real estate podcasts to listen to while at the gym. I am going to begin investing in a few months once I get a couple more of my...
I am curious about AirDNA, any use it and rely on it.. in general? I tried it out for Joshua Tree, CA and it seems a little optimistic.
Myth 1. IRS audits are very common / IRA audits are so rare that you can forget about them
The latter was true during the recent Covid years. We recently had an under 1% audit rate. However, two things are good to re...
Some folks were waxing philosophical-like about the nature of man in another thread on war and what it is good for. I am a big believer in the fact that people are rational self-maximizers in virtually all endeavors....
Where I live seems to be very landlord unfriendly ( Rhode Island). I do have near by states such as MA, CT and NH. Should I look toward investing there?How do you find out if a market is the right one to get into?How ...
I have gotten to the point where I've done my research, gotten myself out of credit card debt (yay!) and am now looking for my first home to invest in. I will be living in this one for a year or so, so I only have to ...
I must admit I'm perplexed by this one- $380k, 4/1 plus duplex on one lot in a super-prime spot in Westville, livable and rented now for $4k/month. Needs about $25k now IMO, and another $50k+ in extended cap-ex over t...
I have read that the best thing to do when taking over a loan "Subject To", is to immediately inform the lender so that everything is out in the open up front. Three thoughts on this, and I'd like your input:
First,...