First time post but have been reading on here till my eyes hurt every night. Have a friend with a 2 bed 1 bath house willing to sell it to me for 30k. Current tenant has been there for 2.5 years and pays $450 a month ...
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Theoretically speaking:
If I had the cash to purchase 1 Buy and Hold property at lets say 40-50k in price.
Should I take the cash and buy the property free and clear or should I take the cash a use it as a down pa...
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it is time for me to find an agent for my new rental property. Does insurance agent does matter? Or they are all the same? If not, how to find an good agent? Thanks
We want one to help us handle policies for the house we live in, our cars and our rental properties (we have 3 units and are about to close on our 4th but intend to scale up significantly over the next few years).Goog...
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Hello I have been a Real Estate Agent in Maryland for one year and 7 closing How to Realtors make a living seems hard what can I do to grow my business and more clients? Seems like my career is getting slower and slow...
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Based on my research, and what I've heard from numerous lenders, a 5 unit home is classified as a commercial property, and can only qualify for commercial loans. Is this understanding correct?
So far, the only bank/l...
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Have you heard the discussions bashing coaching and mentoring for Real Estate Investors? Yes, there are some bad apples (gurus) out there, and you should not have to mortgage your house to get into their programs, but...
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Sorry for the stupid question. We got a notice from my CPA that our taxes are completed and have been filed. He sent an email saying that we owe about $1000 for our federal taxes and $2000 to NY. Question is, would...
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Today my CPA told me that I cannot take the full amount of depreciation on my rental this year because my adjusted gross income will be over $150k. He said we can defer the deduction until we sell the property or AGI...
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Does any know how much is property management charge for Air bnb in South California, specifically Crestline?
A friend of my requested me for 25%, they did well with their Airbnb management and promised to build our...