Warning: the below is a lengthy, generalized hypothetical. The questions are about calculations of average (yes, "average" is a very dangerous word because most years are far from average) returns on rental properties...
How vastly can a single vs multi family home's costs vary and what is the best way to calculate the difference?
When considering buying a home, it's important to remember that the financial journey involves more than just the price tag. You'll likely need to make a down payment, which can be a substantial portion of the home's ...
My dad is going to be selling his home soon, a house he has lived in for almost 40 years. He will more than likely be able to sell it for close to $2M, and his basis is probably around 500k. This sale is what is going...
I am about to acquire a property using cash so we can do a fast close. I am then going to finance it with standard mortgage. I thought I could deduct the mortgage interest from the loan but read somewhere I can't do...
I plan on adding a paved patio to our home, which would count as a capital improvement. Estimates hover around $30K. I priced the materials at around $5K. If I do the work myself, can I somehow claim $30K when it come...
Welcome to A Skeptical Dude’s Take on Real Estate: a frank, hopefully insightful, dive into real estate and financial markets. From one real estate investor to another.
Coming at you live from Nashville. Today’s fue...
Is it better to have many low cost single family home rentals or fewer high cost single family home rentals (assuming you invest the same amount) and why?
I am planning a kitchen remodel and master bathroom addition in my fixer upper. The design / construction company that I want to work with quoted me 135K for both projects. I have seen the great work that they do an...