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What are the factors to consider when buying property that will be used as a rental?
Started by Samir Lakhani on
, 11 posts
by 11 people.
Answer Snippets (Read the full thread at trulia):
Once/property manager....
If you are considering rental property, you need to determine what you can are not prepared to deal with people and there problems, owning rental property may not be a good fit.
BEST ANSWER samir...
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Converting Principal Residence to Rental Property - Is it worth it? How would you guys determine if it's a worthwhile investment to keep your current principal residence and convert to a rental property?
1) How would you determine if the financial investment...
Started by redflagger on
, 15 posts
by 12 people.
Answer Snippets (Read the full thread at redflagdeals):
The CG (Capital gain) tax will start to count when your property status is changed to Rental (Capital gain) tax will start to count when your property status is changed to Rental Property, which it worthwhile to rent....
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This may be a stupid question, but here goes. I understand that if your AGI is above $150k, you cannot deduct any rental losses unless you can qualify as a real estate professional. Are the mortgage interest and property taxes still deductible as normal...
Started by burgrat on
, 15 posts
by 8 people.
Answer Snippets (Read the full thread at bogleheads):
Basically is this: I know ....
And not just mortgage interest and property tax -- I have a folder full of utility with the rental property, not even simple mortgage interest deduction or property taxes.
rental expenses.
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Buying a rental property Say we are looking at buying a house which has an in-law suite and a second building converted to a 4 bedroom on the property which are currently being leased to long term tenants. The market price for this property is a bit over...
Started by Arod on
, 30 posts
by 14 people.
Answer Snippets (Read the full thread at reality-check):
My bf and I looked into getting a rental property property ....
A rental property but decided against it after I started working here over the last 9 months and seeing and even then you may still receive nothing at all.
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Posted 16 July 2011 - 04:08 PM
Just curious, does anyone here own any investment or rental property? I'm considering jumping into that game with mortgage rates as low as they are right now (and likely to climb given the government's ineptitude concerning...
Started by Hollywood on
, 20 posts
by 11 people.
Answer Snippets (Read the full thread at ncaastrategies):
Most everyone....
When talking about rental property, you have a mortgage.
My plan was to buy a duplex (in New I found out my workplace was shutting down in 2 years .
:05 AM
Rental property can be very lucrative, in the long term.
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I've always been impressed and amazed at the knowledge and insights here on the TWT brain trust.
I'm considering moving some of my meager assets into rental property and out of the stock market.
With that in mind, your thoughts?
Questions I have.
Pro'...
Started by Tracker on
, 20 posts
by 13 people.
Answer Snippets (Read the full thread at twtex):
We run a credit check, on reflection a much better way to make money with rental units is to be a property manager rather than, credit checks....
We have a rental property, our first house we bought and now is paid for.
The bills.
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As has been discussed, lets start an investment property thread. As Fatwallet Finance readers have likely seen , I am a BIG FAN of buying and owning investment property. However, unlike with the 5.25% fixed rate Netbank loan (where almost everyone agrees...
Started by SUCKISSTAPLES on
, 40 posts
by 5 people.
Answer Snippets (Read the full thread at fatwallet):
Since it....
Should be the minimum criteria to buy a rental property
so a 100k house should fetch 1000$ a month if an area is good for being a rental property?
A: MaxMojo said: Try the local Chamber of Commerce, Realtor money.
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American rental property traps and pitfalls for an Australian.
I imagine there will be more than a few people on here that have rental property providing income for while cruising and as such I am trying to get some sensible response from those who are...
Started by cat man do on
, 11 posts
by 6 people.
Answer Snippets (Read the full thread at cruisersforum):
My advice would be:
* Rental property is the "investment du jour" these days to be on hand 24/7, then property not a good rental), and replaced by good tradesmen / firms and good it all comes down ....
property manager.
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I have a 200k condo on which I currently have a 180k interest only mortgage at 5.125% that I got back in 2008. My current tenant is paying all my costs.
Problem is due to market I had to rent it out when I moved for a job.
I have been unable to find a...
Started by tarheel15 on
, 22 posts
by 10 people.
Answer Snippets (Read the full thread at bogleheads):
It's what you use the proceeds rental income ....
A rental property, I'd have to pay at least 50k down on the principal to be eligible for refinance taken on to invest in rental property is tax deductible on Schedule E.
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Per my other thread on rental property management, my wife and I are looking for a rental (investment) property.
I went with a realtor to look at a few today and was very curious about one in particular.
It is listed at $88k as a short sale. It has been...
Started by dandan14 on
, 19 posts
by 11 people.
Answer Snippets (Read the full thread at bogleheads):
Is there even a market for this type of ....
HOA tenants? I'm not liking the rental pool I imagine for $1,000 a month in a $100,000 home.
Viewtopic.php?f=1&t=90607
I'm thinking I can reasonably get $900...maybe $925.
Particular property.
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