When flipping a property managing costs becomes essential to ensuring a good return-on-investment. But as a savvy investor, it is important to understand which expenditures are justifiable and can help move a property...
I wanted to see if there were any tax experts who have ever rented rooms out in their home. The answer my enrolled agent who is not a real estate expert gave me did not seem to make logical sense to me and I wanted to...
I have a somewhat easy, but worthwhile question. I have a tenant that has paid like clockwork since beginning a two year lease in March. In my lease agreement it requires the tenant to notify me of any adults that ...
Hello!I recently acquired my first rental property in a nice Milwaukee suburb. It is a 4-BR SFR that I think I can rent for $1400-$1500/month. Rehab is almost complete and I'll be listing soon, so I'm cramming on my t...
I think the correct term is gravel roof. I've seen it on a lot of the old houses in my area. Anyways, have you bought a house with this type of roof? If so, do you replace or keep? Have you tried both and have seen a ...
I am lucky enough to have the house next door to my residence become available at a good price. I have been fixing it up since June. One thing I have noticed is that I am constantly going back to my garage for a too...
There is a couple who filed bankruptcy. They have a home worth ~ 82K. They owe 55K that they used a hardmoney lender for a 5 yr loan @ 11% with a balloon payment. They don't have the resources to pay the balloon when ...
Good Morning All...I signed contract to purchase my first rental property. It's a townhouse (i.e. two floors on each side) style duplex, and is the only multi family property in this neighborhood (the entre town is ...
Ive found a groove doing vacation rentals and a wealthy friend wants in.
He's putting down payment and getting conventional loan for full amount. He wants to personally finance me half of everything (70k) on the sid...
Hello everyone! I currently work full-time and am involved in writing projects/adjunct teaching. I'm in the initial stages of looking to invest in real estate for the purpose of diversifying my long-term investments....