I have been reading up on the 50% rule, and i am trying to understand it fully. My previous method of calculating expenses only adds up to a mere 35%

my old way includes

Property tax x 12
Mortgage insurance x 12
Re...

Hello,My current flip will take longer than a year, about 18 months.  Can I still deduct all renovation costs from the profit in regards to paying taxes on the profit.  I have all cash in the property and for renovati...

Credit cards are an "investment"? EMPHATICALLY, YES! This literally just occurred to me in the shower. I pay off all my balances each month. I earn up to 5% cash back on my credit cards. THIS IS A STREAM OF INCOME. I'...

I currently have this property under contract, expected to close within 3 weeks. There's a tenant that's month to month, rent is at least $800 below market rent, so I told the seller I need that unit to be vacant. He ...

This morning the HOA on one of my properties located in Colorado Springs informed the owners of a "Special Meeting Notice" to ratify an amended 2024 HOA budget due to an unexpected high insurance renewal. I reviewed t...

Economic Update
(Monday, April 5, 2021)
Given the news from the labor, real estate, and manufacturing sectors, it's no surprise that “Consumer Confidence” in the U.S. has increased to the highest level since the b...

How can I buy a multi-family without using any cash or credit, and cashflowing. i live in south suburbs Tinley park ,Illinois and Im looking to purchase a multi-family building , live in one side and rent the other si...

Currently in the process of buying my first rental property, a duplex, in Akron, Ohio. Just got the inspection report back today and it looks like the roof is pretty worn and would need to be replaced in the short ter...

I'm under construction on my first duplex. I chose a local builder who has been building a lot of modern homes in the area that looked appealing to me (why I chose him). We spent time designing the duplexes together a...

Both Democrat and Republican presidential candidates have found common ground in the idea of using federally owned lands to address the U.S. housing shortage. Vice President Kamala Harris and former President Donald T...