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Would anyone mind sharing their thoughts and experiences with investing in multi-family rentals in lower class areas? I've come across a few properties were the numbers work, but I'm hesitant in dealing lower quality ...
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I’m into my second major rehab and have been purchasing materials for the contractors to use on my credit card. 1. To get the rewards points2. Cash is tight and I need to keep room for labor as the contractor doesn’t ...
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I come across this article https://www.realwealthnetwork.com/learn/best-places-to-buy-rental-property/#18-5-dallas-texasAll the cities listed here nowhere meet the 2% rule, most are around 0.7%Does the 2% market still...
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I am looking for some input on one of my first (potential) deals; I am currently under contract to purchase but wanted to see if the #s below make sense to other more experienced investors.
I am asking because I ju...
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I used to work right by Madison Square Garden. All year round there would be a line outside 31st street for a soup kitchen. For Seinfeld fans, think the "Soup Nazi". Amazing food. You would get in the warm soup kitche...
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What is the difference between REPS hours and material participation hours? My understanding is that material participation are hours that you are actively doing for your properties (day to day and trying to improve t...
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I am new. I have been working with the Property Analysis Worksheet and have a question about depreciation. Depreciation is the amount we can claim as a loss each year against our profit. If the property real...
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Hello,
I recently acquired a triplex rental property in Philadelphia, PA. The electric is already separated. However, the gas and water are not.
The tenants pay for their own electric usage. The landlor...
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Hello everyone,Here's my dilemma. I own this nice 3/2 SF, it's in a very nice neighborhood. House worth about 450 and my mtg bal is at 95 so there is a nice size equity here. My tenant just left $2,300 a month and ...
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Hello Smokies investors! I wanted to introduce myself and my company, Handy Central, to everyone. We specialize in "all things repairs and maintenance" for STR investors within a 30-mile radius of Gatlinburg.
When...