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Hi all,I am looking for some feedback on numbers I received on a 1970s duplex listed for sale (price $219,000), 2 BR, 1 Bth each unit. Total rental income for year: 26,700 includes heat (oil) and lights.Insurance $120...
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I have a condo in Manhattan that I rent out. My R/E agent has been pushing me to sell the property b/c he says the market is hot, rates are low, and demand is high.They suggested an ask price of 2.7mm. I rent the pl...
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I have land that I’m looking to develop MF. Density allows for approx 30 units. I’m trying to determine whether to build 15 duplexes or one or two bigger buildings. I’m curious Which would typically cost less? I think...
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Looking into the future here, doing taxes now. Wondering if it’s worth claiming depreciation now
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As someone already observed, it may be pointless to help tenants if they cant make their rent payment. The tenant who wanted to fix the tile in the bathrm (SO GLAD I didnt fall for that thanks for the advice) asked me...
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I purchased a duplex in Los Angeles and did a major renovation about 5 years ago. I'm thrilled the property has now almost doubled in price with great rental income coming in. Even though I have tons of equity in the ...
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I know that RTO buy rate is somewhere around 5%. Does anyone know the buy rate on seller-financed deals - the ones where I, the seller, seller-finance my houses, as opposed to RTO? Really, to me it's semantics. I hold...
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Hi all...looking for some general guidance here if I may...I purchased a home in 2001, lived in it for 2 years til ‘03, and converted to rental. Standard 30yr mortgage.I never even knew to deduct depreciation until ~2...
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All,Have some Sec 8 rentals coming up for renewal in the next few months. Anybody successfully increased the rent through housing? I know we have to provide non-housing rent comps that support an adjusted price and ...