I have a seller that's interested in selling her 3 bed 2 beth SFR in Nashville, TN. She is an absentee owner who is renting the property to a tenant until Sept. 2016. She wants to close quickly and with all cash only,...
Hi i'm unsure of what are the requirements in investing in land. I know i have to pay taxes on it but what else is there that needs to be done?
What i'm really asking is there any other expense that i need to pay ev...
Newbie Question
Wouldn't obtaining insurance (comprehensive home owners insurance) on a rental property take the place of cap ex?
Looking forward to the responses
Hi Friends,My sister and I are looking to purchase our first investment property together, and we'd like to do so as 50/50 as possible. We both have the capital to split a downpayment, closing costs, and mortgage paym...
Hello all, and thank you in advance for the feedback:Background:Rob and I have similar backgrounds managing vacation rental properties in Miami. We'd like to to buy a 5-bedroom home that was referred to us and manage ...
I was looking to mention @Ed O. in a post and for some reason his name doesn't populate the list the comes up. Lots of others but not his name. I saw that Phillip Dwyer was able to mention Ed though.
It made me cur...
I've been in talks with a potential seller of a rental property in New Jersey. The landlord has not told the tenant yet about his plans to sell, he's at the beginning of the process. The house has a bit of a hoarder's...
Its been close to two years since my first and last post. Since then I've relocated from Southern California to St. Louis Missouri area. I couldn't afford to make my real estate investment dreams become a reality or I...
My current 2 family residence in Queens NY has $550k in equity. I was thinking of selling and moving to Connecticut and utilizing the proceeds to purchase and pay off my new single family home, eliminating a mortgag...
I have done some searching, but I did not find the answer I was looking for on this topic. Lets just say I decide to set aside $300/month for 12 months and I show it as an expense on the P&L. Now it is tax time! I...