My wife and I are just starting out and trying to determine which niche is going to be the best for us. We eventually plan on moving into apartment complexes down the road but need to establish that road first. I wo...
I have been analyzing apartment deals and doing a lot of reading/listening/studying and have an assortment of questions that I hope some seasoned MF investors can help answer. Sorry if this is a little long, but I'm r...
Hello allMy boyfriend and I are getting ready to rent his house out; there are things that I would like to put in the rental agreement, but I don't know if what I am wanting and asking is realistic - or if there are o...
Deal or Dud? I've been working on my analyzation skills when it comes to finding deals and seeing if the math makes sense after looking at the numbers for Buy and Hold properties. I found a property in Petersburg,...
Duplex 2 bed 1 bath on each side with 2.5 car garage. Listed for around 269kOffer around 250kRents for $2200-$2400 totalTaxes are about $6900Loan 3.25%Great area that will supply A+ tenants. This would be my first pro...
I'm struggling on the refinance portion of this potential BRRRR deal below:Purchase Price: $30k cash (10% private money interest only)Rehab: $30k (LOC/credit cards). I do full rehabs, plumbing, roof, electrical, windo...
Background Information
1. Tenant is out of the apartment
2. Owes 7k +/- in back rent / heating oil
3. I have TAW agreement and a document he signed on the day he moved out stating he owes the above mentioned monies,...
Hey All-I'm about 10 years away from retirement and want to start educating myself about the possibility of purchasing a STR investment property somewhere along the gulf coast of Florida / Alabama.How would you recomm...
Hi, on 9/20/2013 I bought my first rental duplex through a bank loan with 25% down. Now I have to wait 2 years for the banks to accept my rental income towards my debt to income ratio. I have no debt besides the mo...
I bought a 2 family the end of 2012 and have now completed my first year as a landlord. My accountant recently provided me with my Schedule E tax return for 2013 and I was surprised to see that my taxable income i...