New investor here trying to orchestrate my very first deal and need to do a renters analysis. What is the difference between Cash on Cash rate & Cap Rate? All advice much appreciated, thank you in advance
Hi! I'm a new investor in Cedar Rapids, IA. We just closed on our first property, a 4-plex. We will have approximately 750/month positive cash-flow from this property. It looks like if we can accumulate 7 more propert...
Place is cleaned out, ready for cosmetic updates. Est rehab costs, $15k - $25k, depending on desired finishes. Will rent for $875/mo+ per RentOMeter website. Cash only for quick closing.
Getting conflicting information on this subject. Both husband & wife on W2 income w/ one rental property.Does creating a LLC help with a lowered tax rate for the rental income? Very sparse information on this subj...
Ok investors....quick question. So I pulled a bunch of probate leads and found which had real estate in the estate and now I am getting ready to mail them. Do you just mail the property address of the real estate you'...
Hello Everyone. I paid cash for a BRRR property in 2016. From the first day I purchased it, it was identified as a rental. We completed the work in 2017 without receiving any rental income in 2016. Can the purchas...
I was told by a CPA that my 15 year residential rental property will not be subject to 'recovery' since it was bot 2/08/84. It is fully depreciated. He said entire gain will be taxed at 15% cap gain rate. Is this ...
Hi guys!
I have the weirdest issue with my kitchen sink.
When I turn it on the water trickles for a split second and then nothing. I can either keep the spout on and eventually water will run out 30-60 seconds later...
If you are Wholesaling a property "As-Is", will it be necessary to do a Walk Thru with the End Buyer?
One of my rentals has the washer and dryer in a shed behind the house. My renter just pointed out that only good water runs to the shed and she wants to use the washer with warm water. What are my options for adding w...