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Results (10000)
Thomas O'Donnell Should I set up a Checking/Savings Account for my rental?
27 October 2022 | 11 replies

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...

Michael Coritz What is the proper type of bank account to run my rental through?
25 September 2022 | 6 replies

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...

John Roth what would you offer?
19 April 2010 | 3 replies

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...

Jay Sheth 1 month delay in get rental payment
8 September 2022 | 10 replies

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...

Tiffany Alfaro Preparing for Real Estate Investment: Savings, Expenses, and Side Work Opportunities
13 December 2024 | 7 replies

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...

N/A N/A Making an Offer - How much?
29 November 2007 | 11 replies

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...

Chaim Rosenstadt Tax on turnkey Cash Flow
12 October 2018 | 14 replies

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 ...

Jordan Becker Need advice on tracking income/expenses from RE for taxes, etc.
4 January 2023 | 6 replies

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...

Hardeep Singh Duplex House Hacking
20 October 2017 | 41 replies

Is it a good deal to get a duplex (for the purpose of house hacking) if you paying small amount from your pocket every month to cover all the costs?

Peace Lily Bathroom Heater Fan Costs Too Much for Rental Apt?
11 February 2019 | 16 replies

Dear BP Members,We installed a ceiling heater and exhaust fans for a small bathroom for our rental property. There is no heat source in the bathroom. That is why we took the suggestion from our contractor. However, we...