I’ve been practicing analyzing properties with hopes of buying my first one in the next month or so. When I analyze properties, I account for vacancy, maintenance and cap ex (along with all the other expenses) but her...
All right so I bought my house in July 2020 , the mortgage on my house is $4050 , I rent the first floor for $2400 with utilities included , they just finished year one of a 3 year lease , the second floor is renting ...
I just found a 3-unit rental one block away from a college in a Class B/C neighborhood. Asking price: $380kRent: unit 1 $1200 tenant occupied , unit 2 $1200 currently empty, unit 3 $800 tenant occupied. Concerns: Unit...
I have a 3/2 sfh in 38115, Memphis, TN. It is doing okay at the moment. I am getting ROI of 12.88% at the moment. 1) Any advice on the ideas to improve ROI for the next home purchase?2) Is there any risk going forward...
Just getting started with rental property investing and I’m wondering if the cash flow generated above and beyond all expenses (PITI etc) is taxable as income in NJ. Numbers to illustrate the question: PITI is $3000/...
Hello everyone!I have a question about loans that I would really appreciate any and all advice on! I am finally at the point where I am looking to purchase my first investment property but I am running into a minor o...
We currently have an FHA loan but are moving out of the property after 18 months. Can we get another low downpayment (5%) primary loan on a 4 unit? Thanks.
Hello everyone,I'm looking to buy my first fourplex in atlanta this year. This will be my first property. Do I have to pay tax on the cashflow I receive if this is my only residence? Thanks in advance, I am only start...
Hi All! Interested in the community's thoughts on one possible game plan for investing in my first multifamily:I currently own two single family rentals, and my goal is to grow my portfolio to eventually replace my in...
I always turn to this forum for advice, so here we go once more. With a two-level 1115 sqft very upgraded rental there has not been much success in finding quality candidates, of course the property is going on onl...