My property manager contacted me to let me know a tenant in one of my duplexes has been given a dog. They asked me if I would consider collecting a 200.00 pet deposit and 25.00 a month for pet rent or if I wanted to e...
I've been reading on the 50% rule for calculating viability on a potential rental income property:
Gross monthly rent
-(minus)50% for operating expenses
______________________________(equals)
NOI(Net Operating Inco...
My wife's employer offers what seems a good retirement plant. If she contributes to her 401k/Roth IRA 3% of her basic salary, the employer will contribute the same 3%, plus an additional 1% of her basic pay. For examp...
My lawyer recommended talking to a CPA about my rental properties. I've never used one before (I've done the itemized deductions by myself once--last year, with Turbo Tax--for my rentals).
Do you typically have the ...
Hello
I'm new to this forum. I've reading many post in the last 2 weeks and now have one question.
I'm living in one of the EU Countries and would like to buy some properties in the US especially in Detroit area and ...
I read Aftershock, the latest edition, by the brothers Wiedemer. It was fairly dark, much about our economy being a multi-bubble economy, the weakness in housing for various reasons (including the 50% or so cash tr...
Hello All,
This is my first post on this forum although I have been listening to bigger pockets for years. I wanted to ask your thoughts on investing in real-estate with others, more specifically family. I am current...
Has anyone recently completed the House Flipping Formula course? I’ve been reading books(J. Scott, Anson Young, etc), listening to tons of podcasts (BP, Flipping Junkie), and reading the forum. I feel like I have a ...
Hello!I’m trying to learn the ropes as I go. I haven’t purchased my first investment property yet and honestly, I’m determined to gain knowledge through self education and I have no rehab experience nor have ever work...
Hello,
I recently bought a distressed property at the end of June (6/27/23) for flipping as my cash only and I just finished rehabbing it using my cash only and put it on the MLS market currently. But it seems like ...