so i'm trying out the rental calculator on the site and i'm having a little bit an issue. every time i use the calculater the rental income would come out far greater than the rental expense. for instance the monthly ...
200k Better value for your money ?A-2x 100k homes in- A/B class neighborhoods=$200kvs B-4x 50k homes in C/D neighborhoods=$200k Lets pretend the rents are close (or the same)What is the smarter move? A gives you bett...
Hello!Trying to determine if I should continue renting out my house or sell it. Moved about 2 hrs away on short notice and had some friends of friends start to rent my house. They have just been paying me for what I o...
Ok guys, I bought my first flip back in late September. About a week from being finished. A guy knocked on the door and made an offer a few days later. I accepted, and we are now under contract. My question is this, i...
I'm looking working on permitting a small multifamily rental project in the Boston suburbs. It's an infill site, so the number of units is limited by parking and dimensional constraints, but it looks like we could get...
Hello, I was wondering what yearly percentage increase you guys use on leases. This is now on commercial property. I'm currently using anything from 3%-5%. I feel 3% is waaay to low, but those tenants are locked down ...
I keep all the receipts for the business expenses. Do I also need to keep the credit card statement or check copies in case of IRS audit?
Hello all! I am new to BP and to REI. Although I won't be getting started for a few months now, I am working to get a stable ground work for what will eventually (hopefully) be my RE business. I know of podio as a gre...
I am spending a fortune at Home Depot to get my rental house up to use. I understand I will add the cost of the new roof to basis, but do you all really add costs for leaky faucets, broken bathroom fans, nonfunctioni...
We are looking for a new primary residence, and want to turn our house into a rental. Can I depreciate our house based on current values instead of the original sales price 12 years ago? Do I need to get it appraised ...