I have been looking everywhere for an excel template for keeping track of my expenses, income, and reflecting monthly cash-flow for my SFR investment but have not found anything that suits what I'm looking for, so I d...
I am looking into revitalization/jumpstart programs in Maryland. I'd imagine Baltimore City would have a few of these organizations that are offering favorable loans for complete project costs (property cost + rehab)....
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/...
I spoke with an accountant who recommended I compare a 5/1 ARM vs a fixed rate loan in a spreadsheet. They said many times the ARM is the better option since less money goes to interest and you get lower payments whi...
I’m a first time home buyer and looking for some advice. I purchased a condo in December 2020 (in DC) and currently live in my unit. I’m moving to NYC in mid May and will be renting out my DC condo around June 1st. I...
Hello All,I am experiencing an interesting problem…I am a new real estate investor in PHX, AZ. I bought my first property a month ago, a 3x2 SFH, with a 5% down owner occupant conventional loan. I just signed 2 tenant...
Hi,Would someone plz confirm if the current unpaid principal balance is calculated as follows or otherwise?Note is $30,000 - $1,158.04 (which is payments of $289.51 per month x 4 payments made) = an UBP of $28,841.96 ...
I am a new investor and was looking into something a little less hands on to start. I wa wondering if anyone used any platforms like LendingClub or any other programs that yield a good return and don't involve too mu...
I'm trying to get a better understanding of how much of my rental profit I may be able to keep. If my AGI is $150,000 and my rental profit is $24,000 for the year, after paying the PITI and expenses, in a rough estim...
I’m analyzing a potentially good deal with a full rehab triplex in a nice neoigboirhood. Even if I manage to get it at the price I want, after rehab it will tie up most of my hard cash. What’s the best way to leverage...