I see this metric of gross income should be 3x or 4x rent and cannot see how this can possibly be useful other than a preliminary "should I even bother looking at this app".
I think a more useful metric would...
(Putting tax benefits, loan amoritazation and apperciation aside)
I continually think about what my goal is, in terms of how much money I want to make from owning rentals and how many properties I would need to supp...
I am looking to purchase some REO properties to wholesale and I was wondering how do you show REO properties that have a lock box. Do you call the agent each time for the code or is there some other way? I tried just ...
Recently, another local investor offered to purchase a portion of my STR portfolio (10 Units). I have done owner financing before, but it was for just one property. My question is this…Is there a standard way to str...
I had question that popped into my head when I was reading about house hacking. I get the idea is to buy a multi family house and live in one of the units while the tenants of the other units pay the mortgage (overly ...
Hello everyone. I have a small contracting business. I have 100k to invest each year. 50k i put in the market(index funds) and 50k to put into rental properties under my business corporation. So the rental properties ...
Hope all is well. What is a simplistic software to assess current property as well as keep track of finances such as profit? Thank you
There's a tool that I found which allows you to add your own logo, contact info, photo, etc. and provide the report to clients. The report shows market activity for current year month vs. prior year month.However, thi...
So I’m pre - pulling the trigger, but I do have the ability to find quickly once I decide on a home.
I’m getting concerned about the labor part.
Am I being overly simplistic to think I could - between Home Depot la...
Hi All,I want to confirm if I understand tax implications of a rental property correctly. The biggest confusion point for me is if rental income is taxed on gross income or net income (I think it's gross?)Here's an e...