What’s your financial independence number (FI/FIRE number)? Are you being too conservative, or are you cutting things close? Do you even have one? Today, we’re taking a deep dive into this hotly debated topic to help ...
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Hi All.!Less than a year ago did a 1031 and bought a new build duplex for 305K that i now realized is in an O.Z. This year i am going to have a large capital tax bill to pay in the region of 100K. Does anyone know en...
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II am relatively new to this and want to implement the BRRRR strategy to buy rental properties and build a portfolio. I am meeting with a lawyer next week to get an LLC started ( to protect our personal assets, IRA, 4...
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Greetings everyone
I recently bought a townhouse for the purpose of rental , what type of insurance do I need and what company should I use for a home in Detroit zip 48202
Tereal
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Ok, let me give you the run down... I bought my first property in Dec 2010 using a conventional mortage and putting 20% down. The property is a duplex, where I live in one half, and the other half is rented. The rent ...
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Hello Community,
I was planning on building 2 units on a lot. I would occupy 1 unit and short term rent the other. Do you know if I would be allowed to rent less than 30 days at this scenario? Same lot but 2 diffe...
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The investment materials I've read so far have given me a good handle on the key criteria to use for single family investment purchases (e.g. 3brdm, 2bath, place for storage/growth, etc.), but they don't do so well...
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Is $550 per month rent good for a $10,000 condo with $150 / month HOA?
Taxes are $350 per year or $30 per month.
Liability insurance should run $40 per month.
Property is good quality but in w...
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I've been stuck in a bit of analysis paralysis the last 24 hours, and it's driving me nuts. I've never purchased a deal this big.Here's the basic deal:I have the option to purchase 6 almost identical duplexes as a pa...
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Hi all -I own a condo in a 2 unit building here in Chicago. I have a potential opportunity to buy out my neighbor's unit, which would then give me full ownership of the building. My plan is to purchase the unit with...