Newbie to the site and was wondering if someone could shed some light on the pros and cons of instead of taking positive cash flow out of the property, to in turn use a shorter term mortageg with higher monthly paymen...
Hello, nice to meet you all!Call me Rob. I've been renting a room from a friend for the past few years but I've finally decided to venture out on my own and buy my first property. I would like to take this opportunit...
Hi,I am an out-of-state investor and have a rental property in Jacksonville Florida that is managed by JWB, a local property management company. The renters have lived in the property for 2 years now, and we have a lo...
As a means of helping me with future retirement funding, my former employer set up the sale and transfer of a number of rental units (19 in all) mostly SFH. to me.The deal is owner financed, no money down, interest on...
hiJust had an issue with a water heater at rental property and found out that water damage not covered with the insurance policy for my rental property.I am not very happy with the current Insurance agent since he did...
I’m investing in the WRONG asset class if people are paying $1000 rent to live in a shed!
Copied from news article; "Maybe it is high for what it is offered at, but the reality is that the square footage and the loca...
Hello to all-New investor question to all that can answer. I have a new duplex, needs work. Property management contractor is about 15% higher vs a contractor I found.How does one go about refusing to use their contra...
I have 100k and live in SoCal. I am in between building an additional unit on my duplex property. This would generate 2k a month which would have me living for free and generating 1k in income a month with current num...
Hello BP, I'm writing to find some guidance and opinions for my first deal based on the state of the housing market. getting my first property right now as a college student in this market is daunting to say the least...
I already have a primary vehicle. I want to purchase a secondary work truck (20k) and dump trailer (7k). Trying to figure out how much of these purchases I can deduct. Also, what other deductions would that cut into (...