
12 February 2025 | 9 replies
The two deals with friends both ended poorly with friendships ruined and tens of thousands in legal fees and court costs.

14 February 2025 | 42 replies
We also do not allow the tenant to patch holes or touch up the paint, because they usually do a terrible job that takes longer and costs more to fix.

8 February 2025 | 14 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

15 February 2025 | 11 replies
So the only money out of pocket is any closing costs that don't get worked into a new loan.

3 February 2025 | 4 replies
If you do find that the costs to maintain the investment property are too substantial and you'd rather sell down the road, it would qualify for a 1031 exchange since the property was held for investment use.

31 January 2025 | 0 replies
Purchase price: $15,000 Cash invested: $25,000 Sub to deal - paid the seller and wholesaler $15,000 + $7500 closing costs to assume $84,000 mortgage with a monthly PITI of $575.

3 February 2025 | 10 replies
More work, more time but you can take advantage of a nice cost segregation / bonus depreciationThis is the truth!

1 February 2025 | 9 replies
Do you work with any specialty tax firms to help us small business owners get access to R&D tax credits, cost segregation and other specialty tax credits?

18 February 2025 | 4 replies
I am trying to target a savvy investor or younger buyer who want to house hack while living in main home to help with the cost of ownership.

18 February 2025 | 0 replies
House HackersSome owner-occupants are still using the house hacking strategy, where they live in one unit and rent out the other to offset costs.