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Hello forum,My name is Jared. I currently pay mortgage on a duplex that I have owned since 2007. I lived in one side, and rented the other side out to a friend while we renovated the entire property. In 2010, I mov...
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BP,BLUF: Based on raise in HOA/fees in our current home and the decrease in rent based on current market there is a possibility that we would have to rent at cash flow neutral. Our initial decision to rent was based o...
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Alright BP! I'm going to lay out all the numbers and the circumstances.
This is a 4plex, there all 1 bed/1bath. No central a/c. (Rent from $275-325/mo) fully rented ($1,180 which would be 295 a unit.) 3 are currentl...
We are purchasing a home and plan to rent it out for 6 months while we draw plans, apply for permits, etc.The construction/renovation will take another 6 months, so we will have property for over a year.Does this move...
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Question I have that I can't seem to find a clear answer on:I am going to finish renovating a property this spring, and would like to immediately sell and flip it using a 1031 exchange into more units. The renovation ...
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For those in the Milwaukee area, I just wanted to thank Zech Evans and his fath in law Michael who came down last Saturday in the near sub zero temperatures to check out a city property with me and write a bid to s...
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Hi there.This is about rental properties in Canada. If I pay property taxes using money from a personal line of credit, is the interest tax deductible?Thanks so much!Paul
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Investment Info:
Single-family residence fix & flip investment in Gaines.
Purchase price: $160,000
Cash invested: $50,000
Sale price: $375,000
The investment that gave twice! A cash-out refi...
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Alright, so here goes. My maiden post on BP! I've been interested in real estate investing for some time now but have been focused on my primary residence. I purchased it in 2011 for $115k from a bankruptcy. It was bu...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $210,000
Cash invested: $56,500
Purchased this house this December for 210k (immediately appraised for 228k)...