Hello, I am about to make my first home my first rental prop. We currently are in a townhome we bought because the area rented well. I was able to get 0% down payment financing for our second property which will becom...
Three years ago I purchased my first investment property with an FHA loan buying a property in Newark, NJ for $375,000. I put 3.5% down on the 3-family property and owner occupied one unit with the other two rented o...
Been a researcher for a while; hoping to get into the action sooner than later. Currently looking at Indiana / Cleveland / Kansas city areas mainly. Buy and Hold with a decent cash-flow is what I have in mind.Here, ho...
Hi all,I know the *real* answer to this question is ask an accountant. But I dont have an awesome real estate savvy accountant yet and sometimes the best advice is from people who are experienced in doing it.We are i...
I co-own a rental property with my Brother (purchased last year). He paid 100% of the expenses for the property this year, and also received 100% of the rental income. (This includes mortgage interest).Do I have to re...
I'm excited to share a small win in my journey into out-of-state real estate investing!
After overcoming a few months of analysis paralysis, I finally took the plunge. For my first investment property, I prioritized ...
We lost our tenants in our rental property in Colorado Springs. They moved out early and paid lease break fee but the property manager has not made any effort to list the property for rent even after several discussi...
Hi Everyone,Looking for some advice on my first rental property. Property details:Loan Amount - $324,000Rent - $2900/MonthRevenue/yr after PITI - $7570The current mortgage amount is $1466 and I am paying an extra $24...
Hey all! I'm Thomas and I work by day in digital marketing (and a bit of past experience in real estate marketing), but I've been doing about a year of research into investing in rental properties (both SF and MF home...
Hello all,
I am a real estate agent in SE Michigan, and a client of mine decided that she wants to buy a SFR property for her daughter while she is going to school at MSU, while also renting out the remaining rooms a...