I am looking to purchase a distressed property here in NC. Purchase the property and rehab it for 25k. Property values in the area are in the 65k to 79k range. After repair I intend to sell the property with a wrap ar...
I know this is going to be different for everyone, but what's a good ballpark ROI to aim for for my first flip? I'm analyzing some deals right now and trying to figure out what a realistic range is. I'm assuming that ...
I want to get my first short-term rental by the end of the year! I've narrowed in on some areas I personally enjoy and at first glance seem like they would be good STR markets in the PNW where I live. I've started stu...
For those who are lucky enough to make over $450k/year, what changes are you making?
From what I understand
1) tax rate goes up to 39.5%
2) you cannot take mortgage deductions anymore?
3) dividends from your corpor...
Hi all,Was curious about everyone’s perspective. Moving to Indiana after previously buying a townhome in Il. It will likely cash flow 100-200 after property management fees, not as much as I would like, especially if ...
I have tenant that has been renting for a year and convinced me to reduce my rent and signed a 2 year lease 4 months ago. They offered to by the rental just 3 months ago and used their deposit for earnest money and wa...
There's a house on the "main road" that I'm interested in, but my realtor says we should look for one not on the main road. The house is in a very desirable neighborhood because of the school district. The house is li...
My tenant is requesting central air be installed this summer. We agreed to check into installing central air this spring when the sign the lease last fall, with the knowledge that the rent would increase if we did in...
I’m planning on purchasing rental properties in the near future. Once I’ve gained rental income, I would like to finance a Condo and even more rental properties with my income from rentals. However, I’m a bit confused...
Politico is reporting the AP story:
"President Bush has dropped his opposition to legislation that aims to calm the chaotic housing market despite his opposition to a $3.9 billion provision, the White House said this ...