I purchased a triplex in South Florida for 440k in Januray with an fha loan with 3.5% down. Ive been living in one of the units. Ive put in about 65k in rehab and fixed up all three units. One rents for 1750 and one r...
If I were to buy a 2 bed condo to live in and rent out the other room, would I get the tax benefits of it being a rental? Specifically, would I get to claim depreciation, write off the HOA fee, etc.?
“We’re still not in a buyer’s market and won’t be until inventory reaches a few months’ supply, but the landscape has changed to be more favorable to buyers,” says Darcy McMurray, broker at Spokane-based 4 Degrees Rea...
Many books and people on this forum talk about direct mail campaigns to potential sellers. Currently, I've been driving throughout the town and city looking for apartment buildings seemingly in some disarray, jot dow...
Hello, I want to know if anyone is investing in D class Midwest neighborhood. How are you guys doing with D class. I'm more into section 8. Is anyone having positive experience? Thanks. I have 2 sfh in D class. $37,50...
Both federal and state politicians continue to stick their fingers in our business with various regulations. Rent control is becoming more common. Limited rent increases. You're limited to how much you can charge for ...
Instead of doing an 8% vacancy loss every month, does anyone just keep a total reserves amount? For example: Say your mortgage payment is $400 monthly so 6 months worth of rent is $2,400 and another $12,600 for CapEx ...
I am starting to dig into the Indianapolis market and got a lead for a house that the owner would be willing to quitclaim over to me if I pay the back taxes of approx. $6k. The house is near the intersection of Villa ...
So I am looking for my first property and I have done a good bit of research and decided that going with an owner occupied duplex is a great way to start. I have found a place that seems interesting for my first prop...
Does anyone have a referral for (or is anyone here) an experienced Brooklyn real estate broker or agent who can help me with my strategy of finding multi-family investment properties in emerging neighborhoods and rent...