I have another one I'd like to discuss. This is 5 mobile homes and one building being remodeled as a storage unit. 4 park owned homes and 1 tenant owned home. The POHs are $800 a month and the TOH is $300/month. Gross...

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I have found a store front property that is FSBO in an historic district of town in the Greater Akron Ohio areas, asking 550k. Seller has 100% equity and is mom and pop owner. 8/9 units occupied. The basic nu...

I had a funny thought pop into my head as I began to prepare for the upcoming tax season: should I intentionally pay more taxes (by not taking all deductions/credits claimable) so as to be able to leverage that income...

I understand that the cap rate is NOI/Purchase price. My question is - what is included in the purchase price?. Should it be the purchase price plus any acquisition cost?

I have been self-employed in healthcare for 3 years, but in the industry for 15. My business deductions greatly reduce my tax burden, but also my income on paper. However, my actual take-home income is much higher tha...

Hey Guys! I'm new to the site and Real Estate investing and wanted to got some input on a question I have.I currently have 2 duplexes and I believe I am ready for something bigger. I know you can get traditional finan...

Is it beneficial to have an LLC before flipping and rehabbing homes? What are are some drawbacks you've encountered by not having an LLC established?

I bought a 3 unit multifamily. This is my first property EVER, I have been a landlord for a month. All long term tenants on this property that I have inherited. And hope that they stay for as long as they did with the...

I purchased a SFH for $30k cash in June.     I put $20k in repairs into it.     I have a tenant moving in August 1st at $895/mo.    It's an 800 ft2  2/1.      My property taxes for this year are $3000 but are going do...

If an individual purchases a rental property and incurs expenses for property management, maintenance, and mortgage interest, how are these expenses typically treated for tax purposes, and what impact do they have on ...