Long story short..I have one rental (been renting it out for past 10 months) and it is fully paid for and I want to be legitimate with taxes, deductions, etc. I want to keep things as simple as possible, so I guess...
So I've been reading the boards for a while, I am currently deployed and I refined an excel spreadsheet I had worked up before I left the states.
As of right now these are the numbers I'm looking at, and I -THINK- I ...
I am under contract on a 4-unit investment property and want to use a property management company. I am wondering when is the time to bring them in. I close at the end of the month, so it isn't a done deal yet. Sho...
Many REI calculators use 50% for expenses for Rental Property analysis. Should I stick with that when analyzing deals or try to be more accurate by breaking it all down? In other words, is the effort involved worth th...
My wife and I manage our own properties and were out of the country when a tenants refrigerator went out. We had our Dad go check it out and he seemed to think it was running fine. The tenant claims that it was runnin...
Brand 4 bedroom/3 bath single story home in summerlyn neighborhood in Leander for 215k. 1746 sq. ft. is this a good deal for rental or I should look for something else? I am looking to invest in austin area for long t...
Hello BP Friends,I could use some advice. My father (who lives in NC) has a rental in my home town (Indy). Over the last two years, he has been having some problems with the Property Management company. Prior to th...
If you had reasonably good access to capital and a very talented construction/maintenance team at your disposal with excess time on their hands, would it make sense to start flipping houses? How would you approach it...
Hello everyone, I’m a 22 year old Floridian, stationed in the Midwest and I have just over $26,000 saved with a 731 FICO. My strategy is to buy and hold affordable properties while I am still living in the Midwe...
BP we need advice! First post so please forgive the formatting. My gf and I are looking at a (town)house hack for her (she's buying on her own). Unit is 3 bed/2.5 bath with attached garage and tons of deferred mainten...