I'm thinking about moving to a bigger house that has a bottom section I can rent out and house hack. Either a split level style or separate in law suite downstairs. Trying to decide if I should sell my old home or kee...
Hi Everyone,Ove the weekend I made my first rental purchase of a multi-family and have a question. The bottom unit is rented and will stay and the top (owner used to occupy, now empty) the owner agreed to let us get a...
I'm looking at a HUD property in Cleveland, Ohio that would be a live-in flip, which has a few violations. Some are related to FHA requirements, some are related to the city's POS requirements. HUD says properties are...
Hello,I am fairly new to real estate investing. I am currently living in the San Francisco Bay area and look to invest out-of-state, given the crazy housing prices here. I have been reading plenty of posts about Hunts...
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While evaluating real estate investment as a strategy that will get me closer to my FIRE (Financial Independence, Retire Early) goals, I can’t help looking a little beyond the near future and what my...
I'm looking to buy and hold in the NYC/ Northern NJ area. With high house prices and high property taxes, most houses in the area cannot achieve cash positive. Here's one that I found near Newark (OK neighborhood):...
Hi Everybody, when you run the 50% rule..... do you include tax payments in your equation? Right, I'm guessing that is a yes.... so 50% of your total rent income needs to cover principal, interest and taxes?
I w...
Does the 50% rule account for income tax? How is rental income taxed? If a houses produces $1000/month does a set percentage of that 1000 get taxed?
Hello Everyone,I have trying to get into real estate for sometime ago now but like many times money was the issue. I finally gotten my house back in order from Harvey in 2017 and have no more money to even put back i...