I have a duplex (I live in half) with completely separate utilities and fuel oil furnaces. I'm tying to figure out the best system for my tenant to pay for his fuel usage. The way I see it I have two options:1) Work w...
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I'm in central NJ and studying for my realestate licence. I have a small chunk of cash that I would like to invest after I get my licence. My day job is 6am-230pm so there's alot of daylight left when I get out of wor...
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Hello,I am new to the world of syndication (LP investor) and want to understand how taxes at a high level for syndication as LP before asking individual specific questions to my CPA.Notably, I want to understand how p...
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I got a call earlier this week from a customer I installed a deck for back in 2002 . He is selling his house and the "home inspector " says the deck wasnt built to code . The customer is upset , I told him to give me...
My experience:Bought: March 2021, $64,900Sold: April 2024, $48,500 - $5,000 (agent fees/closing fees/etc) = $43,500Rental income (rents - expenses): $5,600Average annual returns: 2.9% (approximate)Net loss at sale: $1...
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So my question is what is the real upside if there is an upside to buying property out of the country?I’ve seen a couple of posters that advertise directly or indirectly about different projects internationally. I’m a...
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Hi everyone :) someone may have already asked this question so please link the thread below if so. What is the best way to finance a BRRRR in your opinion? HML? Private money? I was leaning more towards HML but I’m wo...
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Hey BP!Considering my 1st purchase... I ran it through the BP rental calc and it cash flowed $28... I'm hoping I did something wrong!Anyway, what do you think??? Here are the numbers:Property - FHA Owner-occ QuadP...
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One trick we use sometime is take a water hose from the back of a washer machine... I carry one in my trunk (With a plunger). Go to the neighbor and offer them $10 cash to run a hose from their outside faucet to your ...
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The numbers are in for 2021... 6 doors acquired in 2021... 8 total doors owned (all SFR)54k in rents, 24k expenses, 30k cap ex, and 30,500k in PITI...For a grand total of -31k net cash flow!!!but...400k equity growth!...