Seeking some clarity.... If I have an AGI over $150K (lets say 39.6% tax bracket) and I own a rental property with figures as follows:- Annual Rental Income: $40K- Annual Operating Expenses/Mortgage Interest/Deprecia...
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First of all, thanks to everyone who takes the time to post on this site. I've been reading for a few months now and have learned a lot. This is my first post and I hope this thread isn't too old to be commenting on...
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I just bought my first 4 unit building 6 months ago. I’ve needed to put some money into it along the way. 3 units are occupied, the 4th is mine. The rent breaks down as:75010251160Total: 2935The expenses:1850 (mortgag...
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I have a tenant that gave me their 30 day notice yesterday, which was cause for some serious celebration. Almost every interaction I've had with them over the last two and a half years ended with them threatening to s...
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This is in response to: Sharing Experiences Thread created by Charles.
If you're doing short sales, new to the game or just new to your negotiator I'm going to give you the most important lesson I've ever learned. T...
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I have a ton of clients that come to me looking to purchase investment properties in the Myrtle Beach area. A lot of them don't understand the rental industry in the Myrtle Beach area. Because of this, I felt it neces...
Hello everyone! This is my first post to the forum now that I am finally a member (I've just been stalking the site for quite some time now). I am 26 and really excited about starting my journey in real estate investi...
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Hey guys,I have a tenant I had to replace a toilet for at the beginning of the month due to their child flushing a number of toys down the toilet. I paid the plumber directly with the understanding the tenant would b...
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I'm just getting a temperature feel from all of the STR investors out there that are paying attention to new markets. I think identifying these markets that have a history of vacation rentals (so STR regulations are n...