Hello colleagues, we manage a medium size apartment (73 units). We certainly have maintenance issues popping up here and there, however when and what issues are not predictable. And it appears that the amount of work ...
When transitioning to fulltime my biggest concern is the loss of income from a stable job. I have income from re investing but like most I do maximize my deductions to keep my taxable income low but when I go for fina...
I have just recently passed my real estate exam and I am very excited to start my new career. I have enough savings to last me >6months and I will continue to work my current job part time as I transition into a c...
Hello, i own a rental with another person. I collect the rent and send half to her. I sent her a 1099 for all the amount I send to her. But Im not sure where to enter this expense in my tax return. I only see specific...
Hi all, glad to finally join the ranks of this forum. I'm hoping to learn about multifamily properties. I'd love to create a safety net for my family by creating cash-flow outside of my day job. I've tried other entre...
We are Residential Contractors and we are building a brand new construction home on a slab. After our Plumbers put in our sinks in the Master Bathroom one of them would not drain. Our regular Subcontractor Plumber had...
Hey guys,
I'm still in my "learning about real estate" stage. I just got Amanda Han's book on tax deductions.
My question is, how do investors realize that $200/mo cash flow from a property? Obviously it would be go...
The end of the month is approaching fast and my property managers are already receiving indication from a handful of tenants that they were recently let go of their jobs. I anticipate the number of effected tenants to...
I've seen that when buying rentals you use a cap rate. Cap rates of 6-12% seem to float around.
Then, as far as buying a business, it is common to buy in multiples of earnings, ie. 2x-5x earnings, or more or ...
Investment Info:
Single-family residence fix & flip investment in Escondido.
Purchase price: $265,000
Cash invested: $35,000
Sale price: $425,000
This place was not a great house for our firs...