Need some advice, please.We have a lot of Hispanic families in my rental neighborhood, but they rarely apply for our units (not sure why, except some Craigslist ads do advertise that they speak Spanish), so I don't ha...
It is nice to have the equity from the appreciation we are having but the tax increase is killing my cash flow. I guess when looking at the equity on the back end it is still a win but this is making things a bit tricky
I am closing on a package of SF homes on 8/24. The title company calls me today and says that one of the properties is not able to be sold to me because the seller acquired the property through a quitclaim deed, which...
My short term goals:
get a mortgage and buy at least a 3/2 house to rent w/a positive cash flow.
Move into it, and either rent or sell my residence. This new house may or may not be _my_ house for the rest of my life....
Hello friends,
As I get closer to buying my first rental unit, I am thinking more about taxes. I know depreciation can be used to offset rental income. I have a few questions about what the government considers incom...
I've quit paying the HOA dues on one of my rental townhouses. According to some of the posts in this forum, I'm making a big mistake, but...
Our HOA board has quit having meetings, quit doing maintenance on commons,...
Hello BP,I recently hired a roofer to put a new roof on my personal residence and one of my rentals. About two weeks ago I found a leak in the roof of the rental and it has caused some pretty serious damage to the wal...
Hey, everyone. About a month ago the sweet old lady next door passed away. Her nephew mentioned that they'll probably end up renting the place out but the house would need a LOT of work- paint, carpets, landscaping, n...
Ok, I know my limitations and as a first venture into RE investing, this isn't anything that I could do; however, I know of at least 3-4 investors that could potentially be interested in this; however, there is a trem...
I'm considering lending money to an investor in Indiana. He needs 85k to buy($70k) and rehab($15k) the property and his ARV is $115k. He's offering 10% apr and 2pts at closing. What sort of paperwork should I look fo...