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Looking at another potential 4 plex deal. Fully occupied, Listed at $129,000, #4 2 bed, 1bath units rents for $525/unit now, zoned commercial so would have to use commercial financing, tenants pay electric, landlord ...
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Does the 50% rule apply to everyone? The reason I ask is I have notice numerous people pay for utilities for their property when renting it out. Here in California this is not common as the renters themselves are resp...
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I have been thinking about setting up a new account specific for my duplex. A checking account for rental income/paying the mortgage, and then a savings account to cover any maintenance or repairs. Does anyone have an...
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Hey everyone - new investor with some basic questions. I know this probably sounds pretty elementary, thanks anyways!
I have one rental property that was purchased with a VA loan and was my primary residence for 15 m...
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Bank note for 22MM, bank is wanting to sell for 8MM. Has a negative cash flow right now.
398 Units, 1,2 and 3. New roofs in 2004. Updated units 1998 and 2003-04.
Rents are below market rents. Complex's nearby ha...
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Hiare there any laws/ standard around when the property management company should pay the landlord the rent collected.my property manger gives me rent deposited a month after tenant has paid. Reason said is they do ac...
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Hello everyone,
I am currently working through a challenging financial situation. I have high-interest debt with a 28% APR that I need to pay off before focusing on saving for a home with my current income . To addre...
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Hiusing a 100K property as an example (turnkey), with a 25 year loan, 76K, 5.6% p.a. that would mean the first year roughly 4K interest, and the depreciation would be 100k/27.5=3.6K, so total 7.6K - 630 USD/month.Now ...
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Scenario - Orange County Condo selling for $340k. Worth probably $380k-$400k
Short sale.
Motivated seller
VERY desirable neighborhood
How much in percentage do you normally offer?
Like 5% lower? 10%?
Does $315k soun...
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Hi all, I could use some advice on how best to track my income/expenses from RE investments in a way that will facilitate tax return prep by my CPA, but which is not unduly time-consuming or tedious. I'm still a novi...