Hello Everyone! I am currenting screening tenants, and I ran into a situation I am unprepared for. And out of state tenant has filled out an application, he meets all the minimum requirements but hasnt seen the proper...

Hello,
So I have been planning on purchasing my first property ever. My plan has been to buy a duplex or a triplex, be an owner occupant in one of the units, and put 3.5% down. Thinking this is very common with many ...

I am working on a spreadsheet for deal analysis and I need some input.In my deal (year 1) I have $10,512.00 in income and $8,316.96 in operating expenses.  Thus, income less operating expense is $1,195.04.  What is th...

I bought a place three years ago and I’m thinking about selling it for a capital gain around 20 K my gross annual income adjusted is $50-$60,000. I am trying to figure out capital gains tax and what I don’t know is if...

Thoughts on this Deal...

Sale Price - 350k
Downpayment of 150k
owner to hold financing for 4 years, to be paid @ anniversary of closing 50k per year

In this scenario i have a credit line @ 5.25%

expeses are about 4...

Hi everyone, throughout my research I consistently come across those who preach the 50% rule. Does this rule hold true for multifamily homes in Chicago or is this ultraconservative due to the high rents? When I have f...

I'm new to real estate investing and own one rental and a primary residence. I recently found out about the separation between passive and active incomes and that there are rules about crossing the line on how you can...

I received a 1099-Misc from my property manager for tax year 2018. This is the first time I've ever purchased an out of state property that is professionally managed.Doesn't receiving a 1099-Misc mean that the income ...

Hey folks, like many out here, I've relied for a few years now on "passive" income (as the government would call it) from my rentals here in Southern California. It's quite common knowledge that if you make under 75K ...

Your goals and story: Goal is to buy a duplex or triplex.
Type of property: duplex or triplex
Location of property: Ohio, or Pa.
Purpose of financing: purchase
Type of financing sought: Not sure
Occupancy: own...