In my rental deal evaluation, I'm doing a detailed analysis of income and expenses per property. I'd like to get some opinions from experienced investors on what cashflow thresholds they are looking to achieve. Here...
Went driving for dollars have some great property. How do I contact the owners??
Hello all! It feels great to finally make a post after observing this forum for the past year! Everything I have learned up to this point has been from everyone that writes in this forum and of course, from the Bigge...
I've been doing research after seeing so many accessory apartments listed as multifamilies in long island. After understanding the nuances and history more, I'm wondering, are there certain towns or hamlets in long is...
We just recently purchased a rental property in Utah from out of state. Prior to renting out the home we will have to fly out there to prep the home for rent. Just wondering if we can count expenses incurred for fly...
I am interested in starting a flipping business with a friend. This friend is already a successful flipper, but needs more capital (so we can buy at auctions, etc., for cash).I lost my job of 28 years, and have a 401...
Hello! My name is Nicole. I currently live in Cleveland, Ohio where I rent out bedrooms in my primary residence. I've also worked as a property accountant for a REIT for the past two year. My main goal is financial in...
I set up two business checking accounts for my LLC--one for the rents,etc. for the property that will be held by that LLC, and the other for just the security deposit for that property, as my state's law requires. (la...
I'm hoping to pick some local REIs and realtors' brains here and get some advice.My wife and I will be inheriting about $70k over the next year from her dad. My wife *really* wants to buy our own home since we've been...
Does anyone have any good resources, tips, or ideas on how to roughly calculate/estimate income tax on rental properties?I'm in the process of hopefully buying a rental very soon and while I have everything estimated ...