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Can you put the real estate taxes on your schedule A while the property is undergoing renovations, before the property is placed in-service? I was under the impression that you cannot, that they must be added to the ...
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I've been reading on the 50% rule for calculating viability on a potential rental income property:
Gross monthly rent
-(minus)50% for operating expenses
______________________________(equals)
NOI(Net Operating Inco...
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My investment is just beginning and I'm evaluating against two strategies: SFR vs syndication investing. While cashflow early on from SFR seems minimal the goal is ultimately to build long term wealth. One of the k...
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I looked up a lot of properties through Zillow, and used the bigger pockets calculator to analyze it. The results surprised me, so basically properties which are expensive than 300k are not making cash flow. And the o...
I Have been Listening and following Dave Ramsey plan for a while now. I happen to stumble upon grant cardone and have been listening to his materials. It's a total different approach from what Dave Ramsey teaches. Gra...
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In a couple of weeks, my wife and I will be closing on our first rental property (2 unit, duplex) here in Toledo, OH. We are excited to start our journey in rental property investing! I wanted to reach out to see if t...
I have an opportunity to pay off my mortgage by the end of the calendar year. At the same time I have been waiting for this opportunity to make my first real estate investment. I figure these are my two choices:1. p...
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Hi All,
I’m looking to purchase my first 3 family property in Union City, NJ. The home borders Weehawken which is one of the best areas for buy and hold in NJ. I’m a little concerned on a counter offer the listing ag...