Experts, I am looking for some pointers which areas to target for my 2nd rental property. I am based out of California.$$ Range = max 250kDown payment = max 25%Goal = Positive cash flowBelow are the areas i have done ...
Meaning, in my city, prices have moved forward so aggressively that they have made up for all of the 2008-2010 losses, and there is still somewhat low inventory. Two things kind of concern me - one, the way constru...
Right now, I'm pending a duplex for a client: 3241 N College Ave. I cannot reveal the contracted price as that's not allowed but asking price was $410,000. Mortgage is around $2500 when you factor in taxes / insurance...
Some of my rentals loans have about 20 percent of the debt paid off. Given that we may be going into turbulent economic and times, and I work in an industry going through a downturn I figure now is a good time to imp...
Hello everyone, I am looking into buying my first Airbnb and the sole driver for this choice is to be able to take depreciation of my two LTR properties against my W2. Can anyone poke a hole in this approach ? Also, w...
Brandon Hall, Amanda Han, @Jim Kennedy and any other real estate CPA's out there who would like to chime in.I had always done my taxes myself with TurboTax. Last year I decided to use an accountant who has a sizeable ...
Hi,Can people who have expertise in Phoenix market please recommend a few class A/B neighborhoods? I am primarily looking at positive cashflow SFHs.Currently the markets might be a bit overbought but I am looking from...
Hi all,It is a true pleasure to finally have my first post on BP. I have been going back and forth and hesitating on when putting up my first post but as written in The Ultimate Beginners Guide "I never worry about a...
I'm looking at a duplex. 82k is the lowest the seller will go. The numbers make sense. The only thing I'm concerned with is that the property may not be worth 82k if you weren't looking at numbers - probably more arou...
I own a single family in Waltham, MA. Mortgage taxes and insurance are $2,173 a month. Rent is $2575 a month. I purchased the home for $346K and is now worth around $450K. Currently 13 years left on the mortgage. Wind...