When calculating NOI or any of the other metrics that are used to determine whether a rental investment is worthwhile, why isn't the principal contribution in the mortgage ever considered as earned income?
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Hi everybody new here,So I just bought a rental property in cash that is located in a 100 year flood plain zone. Is it worth it to get the insurance? From calculations, it appears that it will at least take 1500 away ...
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Hey friends, I am working on my first investment deal and can't wait to get onto my second! I am going to rent out my current condo and fix and flip my new spot with my girlfriend. I was able to use an FHA loan which ...
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We recently wrote a letter to the Tax Auditors office to request a re-assessment of the tax value on one of our properties. This would be the taxable value of the home. For an hour of our time in writing the letter, w...
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Hi thereI am new to investing, looking at a SFH for my 1st rental property and trying to understand the tax benefits that are often spoken of on the podcasts. But, my CPA says that because my AGI is >$100,000, I am...
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Hey all!So I have been doing a lot of analysis lately on possible SFH in the area to buy and hold. I do not plan to pay someone to manage my properties anytime in the near or even somewhat distant future. When I tak...
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Hey team I have a quick question, so I found a great 4 plex to house hack in a C+ area only thing is the owner has to play the utilities, should I stay away from properties like this ? If so what will be some pros an...
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Good day. When does it make sense to make tenants pay utilities. I have this 4-plex on contract and the current tenants have the utilities included in their monthly rent. 2 are paying 650 and the other 2 paying 550...
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Was actually denied for a commercial because it's stripped to the studs and deemed uninhabitable. I've heard anything over 4 units is commercial but you can still get residential loans on 8 unit or less properties. Is...
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Hi all,
I'm working on a flip in the North Linden area in Columbus, Ohio and am trying to reduce cost on windows and a small, 3-step concrete porch connecting the back door with the ground.
My costs for reference:
...