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Not sure if I should still invest in a multifamily by Troy Upstate Ny, because it is not a Landlord Friendly State and protects bad tenants from being evicted right away in 2-3 months like you can in PA or CT..My Fe...
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Let's say you show a $500 annual profit after deprecation on your rental property on your taxes, wouldn't the lender divide that $500 by 12 and add that to your monthly income? I'm trying to figure out how much to cla...
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I regularly hear people on BP discuss cashflow vs appreciation and which markets deliver on those. There have seen heated debates in this forum, particularly when the "must have cashflow" people are arguing with thos...
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Ok so I'm looking at one of these...needs some lighter rehab maybe 20k. It's a duplex, rents for the area are about about 1700. They are not way far off from my max purchase price of 80-90k (including rehab costs)...I...
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As someone who dabbles in day trading once in awhile, I always set my exit strategy before going into a position, taking gains or losses at predetermined prices without (much) emotion in order to profit or cut my loss...
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What a great site this is! I thank my wonderful accountant and CPA for turning me on to BP. I am a beyond full time ;0) Realtor in the San Francisco Bay Area and a very proud native to the Peninsula...born and rais...
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What are the typical financing requirements for a mid size commercial multifamily. 8-24 units? I have heard many people talk about 25% down ect. But are there any other requirements on personal income. I know for sing...
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Hi,
I bought a condo to rent out in Mississauga. Few questions
1. Should I try to rent it out myself or get a realtor?
If I do it myself
1. what documents would I need to provide the tenant?
2. What type of doc...
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Would those of you who are buying (or bidding) at the actual Courthouse auction, please share your (or someone else's) success story.
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Hey BP! I figure I should just ask the wise BP community, but I've seen and heard different answers as to how long of a period one has to shop mortgage rates and to still be considered just one 1 credit pull. In some ...