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California real estate investor Bruce Norris has predicted a 20% price increase in California residential real estate for 2013. This is a huge percentage increase, and many people are shocked by Norris’s prediction. B...
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Hello BP,so I have acquired 3 turn-key properties since when I started in Summer and in process of closing on 2 more.Out of total 5, 2 are relatively close by (PA and NJ) and I have seen them and believe those are gr...
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This is the After:This is when we bought it:This is going to be an in depth write up of the work we completed on my first flip, located in a wealthy suburb of Detroit that will hopefully net us around $150k (eat that ...
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Hi Everyone, I would like to increase rent but have a tenant that is telling my property manager that they are on fixed income and cannot afford higher rent. The unit is rented under market value and I am only asking...
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I'm a newbie and have recently purchased 3 properties, all townhomes in Utah. Two are in southern Utah and will be vacation rentals which will cash flow really well. My third is a long term rental in northern Utah tha...
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As an investor, after you reached your 1st year owning your rental properties, did any of you keep your rent the same, or increase it? What's the smartest decision, why or why not?
Thanks for your time,
Rhea
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I'm an investor in the Bay Area and Indianapolis metro area. I've seen a lot of posts suggesting to beginning investors, many of them Californians that Ohio is a great market, particularly with Google, Intel, Honda, a...
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So long question short, my rental property averages about $150 a month cash flow after regular maintenance expenses and minor repairs. But for a capex expense, my next one being a bath tub replacement or replacing the...
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Hi Everyone,As a CPA who specializes in real estate I have been doing some reading on the new Opportunity Zones (OZ) passed effective 1/1/18 with the new tax law. While guidance is still a bit unclear and more researc...