Let's say I take the money out and reinvest in another mortgaged property as a rental. I can now deduct the portion of interest expense related to the Cash out refinance as an expense for the NEW property (rather than...

My husband and I are close to completing the renovations on our first rental property and will be moving into the refinancing portion.  My question is around the appraisal and where we should be focusing money.  Does ...

Hi,I’m a new investor and thought I would share my strategy here to see if there is any input that could help. A year and half ago, I bought this townhome (2bd/1.75ba in Phoenix AZ) that I have now renovated to 2bd/2b...

I recently had my tenant's tub refinished after she reported the finish was peeling, at a cost of about $450. I told her that the shower couldn't be used for 24 hours after the work was completed, but her boyfriend ca...

Good day everyone! I’m back at it again! Some previous deals I shared came out to be complete duds! But this time, I thought I’d share a deal that, if everything executes to near perfection, would signal a victoriousl...

I have 2 houses, the mortgage on them is $5k , the first one is a rental and the second is owner occupied but i also rent out the rooms. I want to know about income / debt ratios and tax. I want to buy a 3rd house to ...

Hello I'm new to this forum here, made an account today. I'm 20 years old have a job with decent income for my age and living at home so I have virtually no bills. Both of my parents own their own business. My mom a h...

Hi my name is Kyle, First time poster long time reader.

I have a question I would run past my accountant but not sure if its a dump question or not.

I have been in R.E. investing since 2007. I have a few rental pro...

I would like to thank you all in advance for your time reading/responding to this post, anything you have to offer would be very helpful and appreciated.I am planning on pursuing a venture in real estate, specifically...

What are your thoughts on giving tenants a receipt each month after their rent check clears?

I have been doing this and using it as a communication tool and also to perhaps create goodwill with the tenants.

On the o...