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First time buying a home. Home is in Massachusetts. Will be renting it out. Any clues on how my year end taxes (not property taxes) will be impacted by purchasing a home, and now having more income coming in. (besides...
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I called a FSBO house in my neighborhood and started talking to this lovely 73 year old lady. As we continued to have our conversation she stated that she also had a 300+ storage unit complex with retail on the same p...
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I jumped into the rental world by default after buying a house and not wanting to sell my old which I was upside down on. I decided to rent it rather than take the loss and even though I owe 30,000 over value I have p...
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Hey all,Looking at a 4 plex for $165,000. Needs minimal rehab, is in a C neighborhood and is fully occupied. Rents are at $500 each. Came out to $350/mo cash flow total (just under $100/door) with a 11.40% COC retu...
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I am relativlry new in real estate investing. As it stands my wife and I own 2 seperate 4 plexes in our area that we utilized the VA home loan for and house hacked both. So far things are going well our first prop gen...
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What do you think? Good deal or a pass?
The numbers:
Seller wants $2 million dollars.
6 units are 1 bedroom and 1 bath and rents are under market by around $500 to $600 each.
There are 2 : 2 bedroom and 1 bath...
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Any one have experience with mini storage facilities? As far as investing in One.
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Hello everyone! Newbie here and preparing myself the best I can for my first property. Curious how you pay the mortgage and eviction expenses if you have a problem tenant? If there ever was a need to spend money for e...
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Hi all,For those unfamiliar with the South Florida (east coast) market, the influx of foreign investors with cash seems to have seriously skewed the evaluation criteria of properties. We just came back from the area, ...
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I'm sure opinions vary widely on this but just wanted to get some feedback. I'm in contract on a C class duplex that was build in 1966 in GA for 50K. Went to check it out the first time today for myself and I can se...