For our live-in duplex we charge tenant's 1/2 of the monthly water bill. This varies each month. Is this amount considered taxable income and added on to their monthly rent? If it is, can it also be counted for as an ...

I currently own my personal house with no mortgage, and I recently bought my first investment property which is a 3/2 condo. The condo is already rented out with a one year lease. My questions is, how long will I have...

Hi all, looking for a quick overview of which type of rental expenses counts against your debt to income ratio and which do not? For instance, I am assuming that any utilities I pay are a straight expense, but what ab...

Ok. Example timeI buy first house to house hack with traditional mortgage. Cool.I buy 2nd house with hard money and refinance with a bank. My problem is when I would go to get it refinanced, my dti would be rediculous...

I just talked to a lender and he states that I wouldn't be able to qualify for a loan due to not having much credibility from my W2 statements.The previous two years I wasn't really working. I was in college and didn'...

I’m wondering if anybody else has had experience with the lender using the current leases and the rental income on a property that the buyer is purchasing Towards their income?

I'm a newbie RE investor who is looking to see if I can qualify as a RE Professional.  I'm documenting my RE-related hours and wanted to know if I can include drive time to/from appointments/drive-for-$$/etc.  Thanks ...

Hi BP fam! Question on the refinancing part of BRRRR investing.  When I had originally started searching for investment properties I was pre-approved with a Lender and found out that even with my great Credit Score an...

Hi AllIf your rent is due by 3pm on the first with a daily late fee of say $10, how exactly is this calculated?Would $10 be due on the 1st after 3pm, $20 on the second or $10 on the 2nd assuming 24 hours?

Hi, can anyone clarify if the Cash on Cash formula includes the principal payment or only interest expense?