Hello,About early March before our yearly lease was up, my tenant informed us that she'd like to go month-to-month because she wants to move to another school district. I thanked her for her honesty & let her know...
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Hello BP! My name is Shvonne Craig and I'm from Ansonia, CT. I've been taking action in real estate since about June 2014. A couple months before that I was just soaking up information and then my husband and I dec...
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Hello, I have a tenant that has been renting from me for almost 1 year. Recently I found out the HOA does not allow washer/dryers in the condo unit. Tenants have to use the common coin-operated laundry, so I had t...
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Hey BP nation:Here's my situation. I bought a Homepath SFH early this summer and have since rehabbed it and rented it out. At the time, we understood that the property offered the then 10% down Homepath program. Tur...
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Hi,I am looking for a RE CPA hopefully with bookkeeping service as well. I need to do cost segregation and someone who can explain to me how I can get as much tax deductions every year. I am doing my bookkeeping by my...
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Hello Everyone,First post from a newbie, so please go easy on me :)I'm looking for properties in Idaho and my strategy is going to be either BRRR (buy-rehab-rent-refi) orhouse hacking (if its convenient enough. I did ...
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San Diego will go from NEM 2.0 to NEM 3.0 in April. The new program is much less favorable and current tax credits for Solar have gone from 26% to 30%. Utility rates continue to climb substantially. Does it make sen...
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This would be our first property. Am I doing these numbers right?
Owner will sell for 215K.
Gross rents = 2600
Expenses and NOI = 1300 (50% rule)
P&I = 1121 @ 4.75% 30 years
If financed 100%, we'd have 179 cash ...
1st time landlord. Closing on 2 properties by end of December. Need to find tenants. Rentec Direct does screening and lists on websites $500 per year. Property management will do everything but wants 1st month ...
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Hello everyone! My name is Rich and I am from the Portland, Or metro area. Ive been browsing this forum for quite some time, very interested in real estate in general, and currently own and run an automotive protectiv...