Scenario 1: 2 houses with mortgages, very minimal but positive return on both ($4k annual net profit) Scenario 2: sell 1 house, use equity to pay off other house ($14k annual net profit) Which one would you do? And why?
Hi – Need some guidance on investing in a fourplex in Upper Vailsburg area in Newark NJ. Background: Analyzing a Fourplex, fully occupied, ROI ~8% on current NOI basis assuming 50% in costs (before forced appreciati...
Hello! My mom owns 5 rental properties. She is telling, me since her and my stepdad make over $150,000, she cannot utilize tax write offs until they sell the property. She is claiming that the write offs will be used...
Hi all,Long time forum lurker looking for advice on how to move forward from my first home. Property is located in northern Sacramento in California. Employment sectors for Sacramento are founded in government secto...
I recently came into some extra money and want to invest in a mobile home park. Everything I see lists cap rates. What is a cap rate and why is it useful? Any information is appreciated.
Tenants are moving out in a few days and I would really like to give them a checklist of items to clean and go through before handing the keys over. Would any of you be willing to share one of yours?
Hey BP community —I am a neophyte investor who is trying to figure out how to plan my tax strategy, Implement a good bookkeeping system etc. In the hopes of finding an accountant, I asked a local real estate professio...
I would like to get everyone’s thoughts on hold vs. sell. I have a property that generates a 20% CoC currently that I bought 2 years ago. Over the same time the property appreciated 30% and I can sell it and make a 2....
The current lease of the tenant expires the end of October but they moved out at the beginning of October. They did pay October rent in full. We are looking for new tenant now. If I find a tenant before the end of Oct...
i'm thinking lending to people who buy wholesale and rehab for a percentage of profits. however, i'm concerned about usury laws. does anyone know anything about usury laws in ohio?
thanks
jim