Jeremiah Coleman
Urgent advice/suggestions needed.
Hello All,What I need help with is a advice/suggestions on what you think I/my family should do with the properties we own. During the recession, my brother was able to purchase 3 properties in California. However, sh...
Mario Morales
Not sure how to interpret this-Schedule E - Is this good or ok ?
I am working on my schedule E and this is what the year looks like for 2023. I see the numbers and I don't know how to interpret them. I don't have deprectiation in here and the monthly mortgage going towards principa...
Eric Fernando
Newbie looking to buy REO
I am looking to put an offer on a bank owned multi family in NJ. My realtor told me the market value of the property would be in the range of $290 to 310K. Though the Zillow value is around 330KI ( I am not sure how a...
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Average Cost of Outsourcing Property Management
I was recently speaking to someone who owned a vacation condo in Hawaii and was quite shocked to hear that his property management company charges him 50% of his rental income. He was however very happy with the arran...
David Jay
My response to COVID
This may not be for everyone but here is what I am doing. We are all in this together and we are all going to take a hit. I live in Nevada and have 13 single family rentals. I am taking a proactive approach. I have in...
Karl Danticat
Renting During COVID-19
How many of you landlords decreasing your rent? My tenants' lease is up and they're asking for a decrease of $400 for the next lease. That's right, they're renewing. Should I stop worrying and be glad that they wan...
John C
Quick Question
Need some help analyzing a financial statement for an apartment complex. Just wondering if capital improvements should be part of the expenses (i.e. should they be deducted from gross income to arrive at NOI). In this...
Zach Shahan
Live for free or Pay Off House Quicker?
Hello,I just bought a house (20% down) and I have two "tenants" renting from me. They are paying my mortgage and some. I want to get a few opinions on this scenario:1) Live for free. Let them keep paying my mortgage. ...
Erica Shaunta Thompson
Had a blast driving around and looking for vacant properties
Hi everyone, I'm new to real estate investing and I'm pumped! I'm a stay at home mom with two little guys and my husband is active duty army. We used the VA Loan about three years ago to purchase the home we're curren...
Quynn Costello
Realtor Placed Tenants In Unit
My partner and I went on an appointment to see a potential deal we would like to fix and flip. The property has been on the market about 4 1/2 months. We saw in the listing that there were currently tenants in the bac...