I am trying to finalize our tax paperwork and I am at the step of reporting the income and expenses of the rental property. I can tell based on the rental checking account what the income/expenses were. How do I docum...
We are looking to purchase a home as our family is growing.Should we sell our first property which is a condo, in order to complete a 20% home down payment? Or keep as a rental? But take out a mortgage with a 5 or 10%...
An owner-occupied investment property is a multi-unit building where the investor resides in one of the units. I’ve worked with many owner-occupier investors and generally speaking, they are also first-time homebuyers...
Hi all, this is my first post after lurking for a bit. Currently I'm active duty military looking to use a VA loan for a househack in the New London County/ SE Connecticut region. I've let a few potential buys slip ...
Hey folks,I'm exactly sure where to post this question...so I suppose it will get posted here for now :-).My in-laws are both retire and on fixed incomes. They have paid off their condo... but pay hefty utilities/mai...
So I've been analyzed a bunch of deals recently. And I found that leverage does not necessarily increase CoC or ROI. The short conclusion is, there is a point where fixed expenses(such as Cap Ex) do not decrease, yet ...
I guess we are luckier than a lot of beginners. 30 yr old from Kentucky. I own my own equine massage business and my partner is a nurse. We sort of fell into being landlords and started out with two condos in Lexingto...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $41,000
Cash invested: $1
Purchased my 1st rental property. 3 bedroom 1 bath. Bought the property cash, then rehabb...
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This was the 'it actually works' moment for my partner (@Jon Sanborn) and me. I'm in California, but I was giving 'out of state investing' a try. An AMAZING journey, all sorts of ups/down, took 12 total months but it ...