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Hello everyone, I am looking into buying my first Airbnb and the sole driver for this choice is to be able to take depreciation of my two LTR properties against my W2. Can anyone poke a hole in this approach ? Also, w...
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I'm currently analyzing a deal for a 8 unit building. Current owner doesn't have any property manager in place and also doesn't have records of vacancies.
I have no intention of managing the property myself. What ra...
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Hi, I was looking for cash flow in North-East New Jersey in rental properties, but at the max I reach at 0 cash flow.For example in Bayonne typical two family home(3 bed 2 bath each family) cost around $500K, taxes ar...
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Ok so here is the deal I am working on. 5.75 % interest rate on an apartment complex that is currently 90% occupied and has a great manager and maintenance staff. He wants me to put down $300,000 and take over his p...
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I believe this building is a solid base hit, but may turn into a homerun if appreciation and rents increase in the area. I'd love some feedback.View report*This link comes directly from our calculators, ...
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I’m in the Stark County area in Canton, Ohio and I was wondering if there is anybody in the the North Eastern Ohio area that could tell me what they expect to cash flow with the mortgage included into the expenses. Al...
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HI All this is my first time posting in the BP forum!
I am moving from my 2-family house to a new single family house in a few months. The house was bought in 2016 for 600K and has appreicated to around 800K (based o...
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My husband I make about 140k total per year before tax. We live in a tiny converted garage studio in Oakland for $1400 per month. We also support extended family. This is a very important value to us and nonnegotiable...
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1. When you decide to refinance, is it the appraiser that determines how much the home is worth?
2. Let's say you bought the house for 80K and you refinance for 100K (fake easy numbers). After paying that initial 80...
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Hi,
I want to locate my first investment property that I plan on purchasing with an FHA loan and house hacking (living in one of the rooms and renting out the others) in Northern Virginia. Since there aren't many mul...