Hello my fellow BPs, I'm considering of starting my first investment property soon. I have been doing my own research by reading the BP blogs, listening to the podcasts, asked people questions (including my CPA). Howe...
I am looking at a 10-unit building in a less than ideal neighborhood. The actual expenses do not include a property management fee. Should I adjust the CAP to reflect that In my due dIlIgence or is it normal for these...
Okay, So I guess this isn't my first residential rental. I have another duplex that I lived in, couldn't sell, so now I rent it.
This is my first property bought with the intent of renting it immediately.
This hous...
When purchasing a MFH to B&H, to me there are several main aspects:
-- Getting property in rentable shape/rehab
-- Tenant Selection & Management
-- Financial Management
As I just completed purchasing a 6 f...
Real estate investment is a time-tested method of building wealth and generating passive income. It’s also a way to hedge against inflation and acquire an asset that appreciates over time. However, long-term success r...
I have been living in the same Apartments since February of 2014. I usually sign a year's lease at a time with a small increase in the monthly rent. We also have to go with a certain cable internet company which is in...
FINALLY closed on the duplex up in Syracuse.
$45k
1st floor rented to a family for way below market rate at $600, should be around $750 - $800
2nd floor needs some minor work and should rent for $750 - $800
So ap...
Let's talk about debt collection. It's a prevalent topic now more than ever because many states are letting tenants stay in our investment properties for free and taking away the landlord's right to evict.
I've notic...
HelloFirst time poster...We purchased our first investment property a year ago, and we are working to prepare to purchase our second. I'm trying to educate myself better on the analysis to analyze deal, as well as ke...
Newbie here so please excuse the ignorance. I'm trying to complete the rental income assessment for an owner-occupied duplex. My question is, does the owner's unit count as rental income?