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A friend shared this map with me today. I thought anyone who hasn't seen it and was interested investing out of state would find it interesting.http://lifehacker.com/the-best-and-worst-places-to-become-a-landlord-1599...
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When asking a seller about their repairs on their home, are they usually honest about it?
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Tesla executives have pledged to create at least 5,000 jobs at the $1.1 billion plant. But its expansion into Central Texas is poised to have a much larger impact on the region's workforce, in the form of more jobs fr...
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Hello, we recently purchased a 4-plex (25% down) with a basement area that was storage. We've since remodeled the basement so that it's a great single bedroom apartment. We've also remodeled several other units, incre...
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Hi family! I don’t currently have the funds for a down payment for a rental property. Would it be worth it to get a HELOC of $20k on my primary residence to use for the down payment to get me started? I’m guessing t...
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I own a condo in a multi-unit condominium in Manhattan. I recently rented my condo out. I want to depreciate the asset using MACRS over 27.5 years. The IRS wants the building's value in order to determine depreciat...
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Hello,I know this questions seems a little too vague, but I'm new to researching apartments and have a potential 12 unit townhouse complex grossing 100k/year. Rent increase possibiity is there to increase gross to $1...
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I read somewhere that a quick way determine the fix up cost is to multiply the square footage of the property by $10.00 , is this true , if not how do I learn how to estimate the cost of repairs?
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Investment Info:
Small multi-family (2-4 units) fix & flip investment in Bronx.
Purchase price: $200,000
Cash invested: $40,000
Sale price: $425,000
I purchased this property from an Absentee...
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Looking for advice/suggestions from other seller financed note carriers. Do you carry the home insurance yourself on the property you are selling (normally forced place coverage) or do you let the buyer carry the home...