As someone who has sold rental properties to investors for two decades, I've discovered that most people dislike rentals because they don't enjoy managing them. My advice to investors is simple: focus on educating you...
Hey everyone, i had a question about depreciation, i will give you my situation as an example. i currently own 1 single family that i have been renting out since 2021 and i just bought a duplex in march of 2024 in whi...
Hi everyone,History:Lived in the apartment for 6+ years. The deposit was 2 months’ rent, $1450 total. Lease terms were 1 year and then the landlord asked for 2 months’ notice.It was an ok 2 bedroom, 1 bath. Bedroom wi...
Hey everyone I have opted to live in the ghetto to save money to buy my first duplex I should be able to buy it with cash in a good area within 2 years.
I am from the suburbs so I stick out like a sore thumb and am no...
Just got word yesterday that the seller accepted my offer on a 4plex! Very excited for my first move into real estate. The 4 units are a 3bed 1bath, a 1and 1, and two 2 and 1’s. I will be moving into the 1 and 1 and r...
My friend just became an agent in Alabama, he told me Alabama property market grows slowly and will continue keep growing, will catch up the growth rate as in other cities. He said is good to invest there because all ...
Searching for markets with properties that meet or exceed the following criteria:- cash-on-cash return of at least 12%- annual appreciation of at least inflation plus 2%-3%- low crime area- strong school system areaAb...
Hi, I'm looking for some recommendations from people who have completed long-distance house flips and rehabs. I live in Denver and I'm looking to do flips out of state due to the challenge of finding homes in Denver ...
Just giving a quick prayer out to those who are living in the destruction zone for Helene and those that have properties in those areas.Post when you can so we know you are doing OK.
Hi,
I am leaning towards using a PM (property management co.) from day one.
Are the tax benefits (deductions) worth enough to the bottom line to offset the costs of service? Do you only realize a benefit when you g...