
8 February 2025 | 12 replies
Seasoning for ownership typically starts on the purchase date.

23 February 2025 | 16 replies
So, the prosecutor tries to charge something he can win on and that is typically related to something the buyer has done improperly in the purchase, possession or disposition of the property.

7 February 2025 | 6 replies
What the IRS is concerned with is when you are doing a 1031 and want to purchase a property from a related party.

19 February 2025 | 10 replies
Of course, it always depends on what your purchase price is and Dayton does have cheap homes!

11 March 2025 | 106 replies
My then 16 or 17 year old son in 2019 or 2020 purchased a child amount on BitCoin.

10 February 2025 | 6 replies
Given your mobility for duty posts you can really ramp up your real estate portfolio while serving.Every time they got stationed somewhere they would purchase a property to live in using their VA and house hack.

10 February 2025 | 1 reply
Purchase price: $122,000 Cash invested: $41,000 Single family home.

8 February 2025 | 13 replies
Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.

15 February 2025 | 3 replies
Why do you think purchase contracts are so long and have such small print?

10 March 2025 | 30 replies
When did you purchase these properties?