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Owned a 12 unit multifamily for 12months. Purchased for 360K and put in 70K in repairs. Rental income 80k for the year. Property now running stable with NOI per month at approx. 6k. (month 13 and onward). Considering...
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Hello, This is my first post on here, I have followed quite a few post in the past. Thank you in advance for any advice. I purchased a large single family property at auction in fall of 2019 and currently working on r...
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Hi everyone it has been a couple weeks since I have been active on the forums due to me moving from Orlando back up here to the panhandle- Fort Walton Beach. I am having trouble finding any deals, all the big wholesal...
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So I found this article both interesting and concerning. Robot landlords are coming fast and will disrupt the rental market in my opinion. Are we fighting a losing battle for future buys? No big deal? Will it affe...
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Hey guys,I had a question regarding getting approved and receiving conventional financing (typical, personal mortgage with fixed 30 year amortization). This is regarding Texas as well -- not sure if that makes a diff...
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My mom received 100k in a life insurance check and I wanted to give her the best advice for what to do with it. She is 60 years old house is paid off, has no debt, no savings besides this money. what would be some goo...
Hello everyone,I amA first time property owner. It’s my first full week week . We moved into our duplex last weekend. My current tenant has asked about her ice maker in her fridge , and about putting in a car door fro...
What is the difference between lease and rent? Who can explain to me, please?
Owner occupied duplex. 50% rental, 50% owner occupied. $100K home. $40K basis for depreciation. Moved out 5 years later = 100% rental. Problem = I just kept going on the same depreciation schedule but listing the...
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Hello Fellow Canadians 🇨🇦! Very nice to meet you all here! Hope everyone is doing well & Business is thriving 💪
I was just wondering if there are interests in people looking to expand their portfolios down into ...