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So, I've been a landlord for a few years now. I think I want to venture into commercial real estate for retail or office locations. What are the big differences between residential and commercial?For example:I self...
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Hi BP. Looking at a 5 unit, would appreciate some thoughts if you have them.5 units, all 2 bed / 1 bath:Purchase Price: $275,000Mortgage: 30% Down, 5.15% on 20 Year AmortizationTaxes: $2200/yearInsurance: $2000/yearM...
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I am looking to purchase my first house. I often hear the advice that you should hire a property management company. Is it possible to still make positive cash flow on a one to two unit home using a property manager?W...
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I am considering using Equity Trust to set up a self-directed IRA to purchase properties. Any advise? What are pros and cons or restrictions?
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The property is located in upstate New York , it is 2 attached properties with one deed . Total of 4 units. "1's rent is 1000 for a one bedroom with the lease with section 8 across the hall has a month-to-month leas...
I found that I can take a full distribution on 401k under Cares Act if it’s taken by the end of 2020. I know I would pay the tax on the capital gain, but can you share what your experience are if you’ve done this? My ...
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I am running analysis on different multi-family properties in the South Philadelphia area as part of a plan to house hack a duplex or triplex. I am planning on living in one of the units for 1-2 years before moving, r...
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Investment Info:
Other buy & hold investment in Osage Beach.
Purchase price: $330,000
Cash invested: $50,000
Purchased my first self storage facility. Studied the asset class for months and loved...
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I just got out of chapter 13, Made all my payments in full to satisfy the courts. Now I am wanting to purchase our first primary home so we can quit paying rent. I have gotten so many conflicting answers on whether o...
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Under Indiana’s landlord and tenant laws(IC 32-31-3-18), a landlord is required to disclose in writing an agent or manager residing in the state who is responsible for managing the residential property. The Indiana l...