Posts Tagged ‘Property’

If buying a rental/investment property on Nantucket Island, what should I budget for the property management fee to handle the rental of the house?

I just sold my house in California (thankfully) and have about 150 grand to spend. I’m looking at moving into a new 125k house, but I’m thinking of getting a rental property and allow that to help offset my mortgage. Taxes are 2.7% here for real estate. I make about 100G’s a year, 42 and I live alone. Not sure about the hassle of rental property though.

I have a rental property and need money for my sons college but do not want to sell the property? I always hear that you can pull money out of a property, but don’t know how to do it. I have at least 80% equity in the property? Help

I own a home right now where I am still paying PMI. I also have a rental property. I would like to take a home equity loan on the rental property to pay-off some of my mortgage so I will not have to pay PMI to my first home anymore. Will the interest I pay on the home equity loan on my rental property be tax deductible?

We are wanting to apply for a mortgage to purchase what will be our 2nd investment property. We currently own our home & have 1 rental property. However, we do not have the cash available for the required 10% down payment for an investment loan. Since the property is very nearby, my husband and I would be able to categorize it as a second home purchase for personal use. Our question is: If applied for as an investment property, are there 0 % down – type investment loans we could look at? (we are not wanting to use equity on the other properties…one has been used to that extent already for home improvements). If applied for as a 2nd home, what are the requirements for that type of loan?

Does anybody know from where can I download legal forms for my rental property in USA? Please give me some authorised websites. I am also ready to pay for it.

I bought an apartment in 2007 as a rental property in a different state. The building is still being constructed and I have a loan on this property and am paying mortgage interest. In 2008, I traveled to this location to decide on customizations on the property (carpets, kitchen, and windows). Is my travel cost deductible? I am deducting the mortgage interest. Is this travel cost deductible? Which form should I file? Obviously, there is no rental income on this property.

I can looking to move into a fully furnished rental property. What are the best things to look for in choosing one and how can I find a really cheap one in a building and it must allow pets too. Please help.

hi! I want to become a freelance rental property manager on the Florida panhandle. Basically I will rent peoples’ condos and beach houses out for them, make sure they are clean, and arrange maintenance and things like that.
Does anyone know:
How/what percentage I get paid (ie 10% of the rental rate or cleaning fees, etc)?
Do I need any additional certificates (I have a BA in Bus Admin/Marketing)?
What laws go along with this?
Will the renter pay me directly then I pay the owner or vice-versa?
ANY INFO OR HELP WILL BE GREATLY APPRECIATED!
THANK YOU!

I’m looking into purchasing a property to rent out to tenants… I know the interest rate will be higher on a rental, but how much higher? Also, is the insurance cost higher or lower than regular homeowners insurance?