I'm hoping someone can give me advice on whether or not purchasing a 3rd home to do a guest suite rental would be a good idea, given our current situation.My husband and I own two houses: One in Vancouver WA and one i...
Short-term rental marketplaces such as Airbnb, HomeAway, and Vrbo have made it easy for homeowners and property managers to market their rental property. Experienced operators know that in order to succeed, you need t...
Hi, everyone. I just joined the forums today and have spent the last hour or so reading several posts... I can't wait until I am as experienced as you folks are in making money in real estate!
My realtor has just fo...
Can you write off or expense things purchased for upkeep of a rental unit come tax time? Things like paint, power tools like table saws and drills as well as items like water heaters, and bath tubs? I would be paying ...
I have an investor sending me properties everyday in my inbox. They are rentals with property manager and tenants already in place paying rent. One of the houses is selling for $25,000 that is rented at $650 per month...
This is my first potential deal and I want to make sure that I'm offering the right price, and if its too far off please let me know.Property Details: Split-level Duplex- 3 bed/1ba. each sideList Price: 99kRent: 600 o...
Hi BP, I have several LLCs where each one holds one individual property. All of the LLCs have their own EIN and separate bank account. In order to pay for certain expenses by credit card, can I use one LLC's credit ca...
I understand how the deal syndicator will get paid on a deal (asset management fee, acquisition fee, etc) but how (specifically) would an investor who puts money into a deal get paid? Concept and examples are apprecia...
I just bought my first 4 unit building 6 months ago. I’ve needed to put some money into it along the way. 3 units are occupied, the 4th is mine. The rent breaks down as:75010251160Total: 2935The expenses:1850 (mortgag...
Here is a deal I've come across and was hoping to run some numbers by you guys to see how my deal analysis skills are coming along. PLEASE point out any errors/misassumptions.
Deal Information As It Was Given To Me:...