I have heard from people on these boards that I can expect the operating expenses of the house I purchase to rent out would be about 50% of what I can get for it monthly. I could be misunderstanding it, but how is th...
Let's assume you are paying 1k a month to rent an apartment. You then rent out that apartment and make 1.5k a month in revenue. Assume you have no other expenses. Now, let's also say you have other rental properties a...
This question has puzzled me for some time; oddly, I cannot find an answer. Hypothetical Scenario: I'm a newb in real estate and I purchase a property for $100,000. Over two years, I've put $20,000 in equity into the...
Alright so I am analyzing properties in my area and found this duplex. I want to know what everyone thinks of my analysis, let me know if I missed anything, what concerns yourself would have if doing this deal and sug...
I've got questions about deductions we can take on our rental home, which we are renting out for first time, with the tenants set to move in December 30, 2017. It's my understanding we don't have to pay taxes on the ...
I'm working on buying my first buy and hold and am trying to figure out the best way to work bank the accounts. I plan on creating a checking and a linked savings account specifically for RE. I was figuring I'd have...
Hello,
I live in a duplex and the tenant is doing lawn care and snow removal. For snow removal, they are I purchased the snow blower. Who pays for the gas? They said that they will send the gas receipts to m...
From my understanding, NOI is calculated as follows: NOI = Total income - total operating expenses
I am finding some contradicting information regarding what should and should not be included in operating expenses. M...
when calculating your ROI on a rental property - do you eliminate the principal portion of your mortgage payment since you are essentially paying yourself?
For example:
Purchase Price: $174,000
Mortgag...
I would like to buy 1-3 rental properties for my parents, with their funds. As their money will ultimately come to me, this is sort of like managing my own money.
However, my parents are fairly disorganized. While...