Just finished preparing for taxes . Paid cash — , after all taxes , insurance , and repairs on my 40-$45,000 houses , monthly take home is $450 $500 per houseeven though rents are double that much . Not sure if I’m...
Hello BP community, I am curious if anyone has come across a lender that will give a loan based on renting by the room and using the rental income as estimates in the loan?
Kansas City, Missouri, has become a hotspot for real estate investors in recent years. With its affordable housing market and growing economy, many investors are looking to purchase and rehab single-family homes (SFH)...
Thanks for your suggestions below.
I bought my first rental property 3 years ago for 336K. It’s now worth 470K. Mortgage including taxes and insurance is $1750 a month, and rental income is $2500. Right now I’m payi...
we are buying a 60x137 lot zoned CRO in a great spot. The buildings were demolished but slabs and utilities are still there. I am wondering if it is a good idea to rebuild a triplex in today's construction market or ...
I am 50% owner of an LLC. We have purchased a pair of single family homes and spent money renovating them but have yet to generate any income (or profit). Thoughts on how to best handle taxes? Want to carry forward...
Looking for advice - Does it make sense to do a cost segregation study on a property (and claim accelerated bonus depreciation) I bought this year considering the following? why/why not?
(I understand that I need t...
Ok for first time new investors, i went to multiple of banks and there is no such thing as no money down or 3 or 5 percent low down payments, its normal 20 or 25 percent down, so only way i see to profit from rental...
I have a question for you tax gurus out there. Obviously with the real estate market being hot, it is/was a good time to sell some rentals acquired during the market downturn.**My Situation**I sold some a large quanti...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $320,000
Cash invested: $320,000
I was drawn to the idea of investing in a duplex for several compelling rea...