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Feel very excited but also a little nervous!
Closing on a Single family home in Dayton Ohio and using a property management company.
Does anyone have any advice that they wish they had for their first deal? Is ther...
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In your opinion is it better to build in an area that is more expensive to build (i.e. permits, labor, etc.) yet yields a larger profit margin per unit or a market that is less expensive to build with a lower profit m...
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Project: Mobile Home ParkWith the click-bate title aside, I found a small mobile home park that seems profitable as is. Also, there is some value add upside. It seems like we can refinance and get a large chunk of ...
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Aloha BP!I've read this statement a few times but am unsure what it means. So what does a "landlord friendly" state mean? Are there tax advantages or less expenses to pay in those states than others? Would anyone have...
Purchase price- $22,000
Taxes- $365 annually
Insurance- $250 annually
Repairs- $4,000
Rent- $500-$600 month
Property management- 10% of rent
Planned repair cost- $1,000 a year
Months not rented- $750 a year
Good d...
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I have a QuickBooks question pertaining to landlording. As a rule, how are you handling or categorizing the following?:
Cash outs from real estate closings in which the buyer has excess funds left over from a purcha...
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Bought my first rental in Oct 2016. Spent a few months renovating, and will be renting starting this month (March 2017). I wasn't planning on including anything rental related on my 2016 taxes, since there hasn't be...
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I am looking to invest in properties built in the 1920-1930s and wanted to know if it makes sense to do so? Just from the cash flow perspective, it is making sense, but I wanted to know how your experience has been? ...
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Hi everyone,This is my first year owning a rental property. My property manager shows fees like "posting & processing fees", "software", "showing the unit" in his financial statements. How should I handle these fo...
Sorry in advance if this has been asked 100 times. I used the search feature but wasn't successful in solving my problem.My sister-in-law has been living in one of our houses for 2023. She covers the mortgage, that's ...