Hello allI am looking to buy long and hold. I am out of state, so looking for minimal fixing, maintenance and oversight. Close to cash flow breakeven is acceptable and playing the long game of appreciation.Any thought...
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This may have already been covered in another post already (my apologies if so), but from my experience, the DSCR calculation is a bit taboo with some lenders. Many calculate annual expenses differently (personal and ...
Hi! Our rental property was recently reappraised by the Shelby County Assesor. The new assessment went up from $70,800 to $104,300. We bought the property just recently for $115,000. Do you think it is worth getting a...
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I own a duplex, where one unit is being rented out as a long-term rental (LTR) and the other as a short-term rental (STR). My CPA advised me to split the generic costs such as property tax and water bills equally betw...
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Are any Hudson Valley / Upstate New York landlords receiving rent reduction requests from their tenants as a result of COVID-19? If so, how are you handling it? Some tenants are not asking for rent payment extensions,...
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I'm purchasing a 5-plex in Montana. I do not live in the town and a value add for me is a handyman childhood friend is willing to managing property for 10% of rents. Plus the most successful realtor in the town is als...
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I have a couple of properties OTC and currently have the tax lien certificate. I've been getting advice that I need to setup an LLC for asset protection. I am not sure of the purpose or if this would be beneficial f...
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The 2018 online tax lien auction for Coconino county in northern AZ ended last week and here are some unofficial results. Results can change if investors do not make their final payments for their lien purchases.Dolla...
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Hi, I have a self-directed IRA that I plan to use to purchase a fixer upper. I'm debating whether I should sell the house once flipped, or refinance once rehabbed and then rent it out. The question is, I can get a low...
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My sister and are just starting in rei. We found a good deal for a flip in our area. We are afraid of the risk...as I am sure most people are to start with. We are just wondering what is easier to start with? Flipping...