im trying really hard to get the ball rolling with my real estate investing passion. the problem is I only really have about 12k to work with.i am having a hard time knowing if deals are "good" or not because im not s...
Billing Your Tenants for RentRENTS DUE ON THE FIRST OF EVERY MONTH!It took about a year for me to develop a plan. Tenants were paying their rent any time they wanted to during the rental month. Since I handled my own ...
The rental is in Tacoma, WA. We have had a problematic tenant for some time, but back in Nov. 2021 we switched from managing directly to have a property manager take over. Our property manager was formally introduced ...
Hello,thank you in advance for your responses. My question is whether the 2% cap on seller credit applies to credits (rate buy down cost, closing costs etc) only applies when the credit is coming from the seller?Does ...
62,retired,zero debt. Buying 1st house monthly income fromSS and small company pension is $2720,I have $1,520,000 in a rollover IRA. My question is should I just withdraw money from IRA and buy the house, or is there ...
I have a question regarding a 1031 exchange. I just purchased my first flip and should make a nice return on it. My question is, with a 1031 exchange do I have to find a brand new property or can I use the proceeds...
Some questions for people who've done deals subject to existing financing.
1. Is there any paperwork involved in taking over the owner's payments? Do you just send in payments with their account # ?
2. I heard that...
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...
I've tried searching the forums, but can someone walk me through who is being paid, and what their doing as far as closing costs are concerned with MAPS?
As far as I can think, it would only be the title company need...
Hello BP! My wife and I are contemplating our first investment property, a triplex in FL. It's fully rented, projected conservatively calculated returns are 10% cash on cash, 1.3% price-to-rent, 7% cap rate. Appraisal...