Nathan Waters
Profit and Loss Statement on Rental Properties.. Mortgage?
When you write up your profit and loss statement, how do you break down the mortgage? Is the interest, taxes and interest the only loss? I'm assuming principal is not written in the loss category even though it goes a...
Marisa Voelkel
LLC for one or LLC for all
Just recently I had a notice from our insurance carrier underwriting that they were canceling or insurance for our rental properties. They apparently have strict rules about what the owner company can be involved wit...
Kiran Tatiparthi
Where to really start?
I am a newbie to real estate investing and I have been passive for a while reading a lot of great information from the forums, blogs and books. I want to take a plunge now and get a multi unit apartment to buy and ren...
Jay G.
How do you protect/endorse your certified funds at auction?
How should one property set up their cashiers checks for courthouse steps auctions?Is there anything specific to put in the memo beforehand?Also, have there ever been any situations where a scammer is up their posing ...
David W
Do you consider property taxes when you look for rentals?
Hello All,
I am looking for long term rentals for retirement and one thing I have been wondering about is "how much is too much" in property taxes? Some areas around town appear to be higher than others but ...
Brandon Duff
My First Trial Run on a property. Testing the Numbers.
Property is $179,000 for a 5 Bedroom Multi-Family home. They said the total income is $2075 for rents ( Based on a site) $2075 * 50% Rule = $1037.5 20% of 179,000 is 143,200 @ 4% interest Rate makes the Mortgage $683....
Jeff Darr
Newbie Member from Inland Empire, CA
Hi everyone,My name is Jeff Darr although I go by JD. I'm pretty much a newbie when it comes to RE investing. I've been to some seminars which were probably a waste of money since they all seemed to say that to really...
Matthew Edwards
Rental Property and Historic Tax Credits
Reposted (with some edits) from a different thread...(I asked a Mod :) )My main driver in pursuing real estate is building up a portfolio to support passive income down the road, with an eye to appreciation as I need ...
Daniel Lewis
Understanding the New York Market (Long Island)
I am a college senior who is looking to start investing in RE on Long Island, New York after I graduate. I would love to first talk to investors in this area to understand how to navigate around an expensive market wh...
Jonathan H.
paying +80K a door instead of 25K? why?
Hi guys,
Before finding this forum, I was so sure I was looking at good investment properties in the areas I was in (mostly populated downtowns in NE and NW). Then just yesterday, I saw posts on this site about 50K ...