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Hi all,
I have encountered a deal of a fourplex, with full occupancy. It is in a nice neighborhood. However, the property has been having delayed capital upgrade or proper maintenance for a long time. The windows, ro...
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Hey guys!! Rookie question here. Can someone give me a breakdown of the 50% rule using this example? I have already calculated it myself, I just want to be sure I am doing it correctly.
Purchase price- $75k
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So I purchased my first home as an investment short term rental near Disneyland in Anaheim CA. I've owned the property for 2 years and now the city has changed the laws and no longer allows short term rentals. The nei...
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Hi All,So I put an offer on a single family home that I am planning on rehabbing and renting out. The sellers stated that they are unwilling to negotiate anymore on the price and will not make any repairs that we may...
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Ok, this is what we got...My mom bought a condo (140k) 6 months ago with the idea of renting it and have a passive income, long strory short the HOA didn't allow her to rent it, just for her (or family) to live in, so...
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i bought a home recently and thinking about few things. should i pre-install tv (which can accommodate 32-60 inch) wall mount in living room and ceiling fans in it? i am worried about renters trying to install wall mo...
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Disclaimer: I am not a tax professional, and you should talk to yours about the tax strategies that would work best for your situation.Flipping properties has been one of the most popular ways to profit from real est...
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We own several rental properties with excellent ROI. These props are all under our personal name. Our combined taxable income was more than what the government considers as way above the threshold, therefore, we cann...
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I have a townhouse with a 20+ year old air conditioner and furnace. My tenant reported that if she set the thermostat at 75F the system would cycle on and off as is normal. However, when she set the thermostat at 74F ...
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Hello again everyone,I am currently considering a deal in Chicago using the Buy, Rehab, Rent and refinance strategy. I will be buying with hard money and refinancing into a conventional loan. Below is the high level ...