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I own solar photovoltaic on my primary right now, which I plan on converting into a rental in a month or two. It is a great system and has reduced my power bill to practically nothing all year long.
When I rent th...
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Just getting started with rental property investing and I’m wondering if the cash flow generated above and beyond all expenses (PITI etc) is taxable as income in NJ. Numbers to illustrate the question: PITI is $3000/...
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Slate has an interesting (and somewhat skeptical) article on Fundrise, whose "idea is to sell shares in small real-estate projects to the public."
http://www.slate.com/articles/business/moneybox/2013/06/fundrise_real...
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I have an OCD personality. In addition, sometimes the shiny object syndrome is very much in effect when I come across a new business idea or real estate strategy. But in 2017, I made a commitment to focus. I did relat...
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An interesting thought from a meetup we attended last night in Austin- this is a prime season for househackers.Sellers are spooked and the number of offers per listing are down. Interest rates at 6 and 7% mean PITI pa...
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Hey guys! I'm located in the Oceanside, CA area and I've been looking for potential properties I can either LTR or convert to STR all the way from the Kern County down to San Diego county. I'm new to the game and I wo...
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Hello all,My fiance and I have both become quite captivated by real estate investing. We really want to make a career of it, but are trying to figure out how to do that. She likes the idea of flipping, whereas I favor...
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Hi everyone,I am trying to figure out what the depreciation basis will be for the property that I will be closing in two weeks.I am buying a property with full cash, doing some minor exterior rehabs (place is already ...
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Hello guys and gals,I am currently in the process of purchasing a 7 unit complex (built in late 1800s). The building consist of 4 studio units and 3 single bedroom units. Each Unit ranges from roughly 500Sf-650SF max....
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What are the minimum standards you set for tenants applying for your rental properties? Obviously following fare housing laws. For my area it is a lower income area. Not the best part of town.