5 April 2018 | 10 replies
You actually can use the "class" feature to assign expenses to each property- that way you won't need to get a new subscription for each property.That is- as long as they are all going to the same return.
27 February 2018 | 2 replies
The items in blue are calculated based on the other data.I took some sorta educated guesses for things like yearly increases in taxes, rent, expenses, insurance, and appreciation.
10 March 2018 | 7 replies
Pros, MLS access, networking, save on commissions,Cons Expensive (around 2.5K for me in Chattanooga), slightly less freedom in deal making because of required disclosures and prohibition on talking to represented parties.
27 February 2018 | 1 reply
I'd worry about the most expensive things in an inspection/walk-though, foundation, roof, windows, HVAC, electrical system and plumbing.
4 March 2018 | 13 replies
Do you suggest saving up to afford a more expensive and quality camera?
23 March 2018 | 13 replies
But in those cases you are increasing rents to cover increased expenses and maybe padding a bit to your advantage.The downsides to both are that when tenants don't pay for utilities, they tend to abuse them.
26 February 2018 | 1 reply
That's harder and more time consuming.I have not taken her class, but I've listened to some of her podcasts and read some of her stuff and while perhaps a little expensive looks like excellent info for Florida... https://www.facebook.com/QueenOfTaxDeeds/ I'm sure there are others who charge more and know less.I would probably not invest education money in any of the nationwide type gurus that come through town teaching tax lien investing.
28 February 2018 | 6 replies
First time MF investor. 18 units, (6 duplex 2 tri), $810k purchase price, $120k cash down payment, cashflow after all expense and reserve and project note payment is $1600 per month.Bank to finance $690k.
26 February 2018 | 4 replies
If the after repair value is $168k, and the asking price is $78, then factor in how much it would cost to make it look like the $200k finished product.A foreclosed house is going to have unexpected expenses.
26 February 2018 | 5 replies
Anyway when I file taxes next year I realize I'll be claiming 100% of the income on my taxex, but I had planned on adding his portion of the profit as a loss on my schedule E, perhaps as a management expense.