It is a common argument whether buying a home is considered an asset or liability. IMO that home is a liability b/c it takes money out of your pocket, not back in. Even though, yes it is appreciating.Now, my question ...

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...

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...

I'll have the option to buy the following park:$300/month lot rent (All resident owned homes)35 lotscity water/septic sewerwithin 5 miles of a Walmart (tenants pay their rent there).Located in a county of approx. 40K ...

I'm looking at purchasing a single family house with tenants in place as my second rental property. My first was our former residence so there was no real transaction to deal with. Purchase price is around $35,000 (my...

I own a few properties (SFR, duplexes) in various states: CA (2 multis), FL (2 multis), TN (1 SFR). All are sole-proprietorship.  Some are paid off, others have mortgages.1: How would you structure these in LLCs (I kn...

Hello Everyone,    I currently own three properties under my name and have a separate checking account for each under my personal bank account. How do I best go about creating an LLC and moving the money in each accou...

let's say I invest in a rental unit (duplex) and after I subtract my income from my expenses (mortgage, insurance, management fees, vacancy, maintenance, property taxes) once I take my gross revenue and subtract it...

So I have found a property, in a decent middle class neighborhood, the details are as follows:

[list]Property Price: $140,000 (asking price, can negotiate down but for analysis purposes keeping it here)

# of Units: ...