Read several times on here that people bought commercial or MFH and plan to hold 5-7 years...What happens if the market turns the other way and you can't sell, AND the fixed rate expires and you are now facing a highe...
I recently bought a vacation rental property that is managed by an independent Property Manager. I inherited the PM that the previous owner had been using. The property is typically rented by the week for anywhere ...
I just received an email from my accountant that basically stated the IRS has made some sort of change that will require investors to file a Form 3115 or they may be subject to a higher taxable income due to less dedu...
I've been thinking of buying rental property for a long time but am just now getting into it more seriously. I've read that 8% is a realistic and fairly conservative cap rate, so it would seem that someone could retir...
Hello Community! I had a couple of quick questions I wanted the Forum's insight and input on, specifically when it comes to hiring contractors to do rehab/project work on your investment homes. 1) Can you (or should y...
I have a tenant that is using 50 - 600 gallons of water per day. Their fixtures leak occasionally I bought the place with cheap stuff installed. The toilets always leak. My question is, what are the most bomb proof...
I see a lot of references to different classes of properties and was curious if there was some objective measure to make this determination or if it's more subjective
I have searched around in the forums and bit and haven't found quite what I am looking for. I am managing my own rental so I am needing suggestions on property management software. I have just started becoming comfort...
Hi Everyone,I am currently under attorney review on my first property in Northern New Jersey. The purchase price is 270k, it's a 3 bedroom, two-unit property. with 2 bedrooms up and 1 down. Property taxes are 4,800 an...