Angelo Carbonara
Property Tax Question
Hello Everyone,I am interested in becoming a landlord within the next year and want to educate myself as much as possible. While analyzing costs on the property taxes for some of my potential properties, I am noticing...
Jason Hatfield
Cost to add Shed Dormer
Hey BP!I'm considering a deal on a small 2/1 Cape Cod in Chester County Pennsylvania. Property is currently "legally" listed as 640 square feet but the owner is renting it as a 3/1 using the finished attic as the mas...
James Wacht
Agent access to MLS
Hey I was listening to a recent podcast where J Scot suggested that every investor starting out should get thier real estate license for several reasons. One of the advantages he mentioned was that an agent has better...
Bobby Gupta
Thanks everyone
This is my first post buy I have been reading post for couple of months now.I am closing on my first rental property tomorrow here are the details:Appraised value 139kI paid 126k for the property its 5 year old townho...
Juan Rubio
What to do if the rent is under market value?
Im analyzing a property and the rents are around 200-350 under current rent value.. Do I raise the price as soon as I get the property or try to get the tenants to move so I can rehab the property a little and try to ...
Account Closed
The Annoying "mortgage interest" write off
Recently I've heard (or seen) some real estate guys preach and preach and preach about how keeping mortgage debt is good because you don't lose the mortgage interest deduction. This is very misleading to a new invest...
Lucas Mills
Is this really as bad of a deal as it looks, or did I mess up?
This is one of my first formal analyses of real estate rental property, and I am taken aback at how bad of a deal this seems to be. Here are the relevant links:MLS ListingFHA Loan Calculator (with property tax, HI, an...
Tom Stern
I own rental properties & want to increase cash flow - Does my plan makes sense?
I own four rental properties in FL, managed remotely by a management company. All of them were bought in cash. Total worth is around $850k - $900k. My original goal was to generate enough cash flow so I can buy a hous...
Melissa U.
1st investment $64k cash; $13 cashflow; 0.24% cash on cash ROI???
Basically want to know if we should buy high down payment, low cashflow property in a familiar market vs buying low down payment, higher cashflow in an unfamiliar marketNew to investing, looking to buy condo in desira...
Miko Lee
First Timer - 4plex Due Diligence
Hi all,I came across a 4plex that i am interested in investing. The area seems sketchy. I've been researching and analyzing for months now. I've been focusing on single unit until I came across this multi-family. What...