I am using the BP rental calc to evaluate properties for potential rental performance. What numbers is everyone using for their expenses?I am using:Vacancy- 6%-8% this gives me one months rent at 8% or just enough to ...

We buy a lot of manufactured homes and have more demand for them then we can hope to fill this year. That is a good problem to have!!!

Unfortunately I have run into several occasions where the parks are cl...

i'm looking for the forum's advice on the most efficient/effective way of weeding out properties. i'll be living in the property for at least a year. while i live there, i'll be living in it (so property can't be a co...

What are differences between the good and bad debt?

Hello to all,

I'm looking for a solution for a family member of mine. The situation is my family member has a house that she no longer resides in. She hasn't made a mortgage payment in 27 months, yet the bank...

I heard a lot of stuff about this site and wanted to give it a try. So where to start. I have been through all types of real estate transaction. Some have been sooooo smooth and others have been a challenge. Betwe...

Hello all.

A situation has come up and I need some advice from the experienced guys and gals on this forum.

My father owns a duplex (1/1 and 2/1) which he is currently underwater on. He is either breaking even or l...

I have a property i am considering purchasing to do a renovation but the property has a lease agreement until June of 2013. I had heard that a landlord can give 60 days notice at any point and can take back possession...

I signed the purchase agreement before finding this site, so the deal is done, but please help me analyze anyway. The property doesn't cashflow but that's because it is a 10 year note at 8% (seller carry).

I am buyi...

Hey Guys,

I'm pretty well versed with doing my own taxes, using turbotax or whatever.. I have the 2008 home and business edition here.

This year I bought my first house, a duplex. I live in the lower, and the uppe...