Isiah Ferguson
Detroit market really ?
27 March 2017 | 5 replies
Know your market, buy right, rehab right, have the right Property Management, have the right tenant, reduce vacancy/turn over.
Blake King
Where to save for a down payment?
23 May 2017 | 38 replies
This will reduce your taxable W2 income (401(k) contributions offset your taxable income) and you are paying yourself the interest on the loan while preserving the ability to build up your retirement funds.
John Barrows
Beware the ADVERTISING BY SO-CALLED wholesale GURU'S
11 May 2017 | 17 replies
If you buy a BULK MAIL PERMIT from the post office you can save hundred's if not thousands in mailings and printing costs.
John Calafato
FIRST RENTAL PROPERTY
28 March 2017 | 4 replies
Some folks may say writing off little stuff is a waste of time, I see it as for everything I can deduct it reduces the profit side where you have to pay taxes on it.
Buddy Holmes
1031 Exchange to a DST Basis Calculation
31 March 2017 | 6 replies
On my new Schedule E I set up a new depreciation schedule reducing the Basis calculated above by the proportion of depreciation given by the DST.Help please.
Aaron Smith
Question about Delayed Financing (<6 months since Purchase)
28 March 2017 | 4 replies
However, If you'd run a bunch of AUS scenarios for folks with that many financed properties, you'd know that Fannie in 99.99999999999999999999% of cases reduces LTV by 5%, which in your scenario would put it at 70%.
Ryne V.
How to proceed w potential lease option
26 April 2017 | 15 replies
If they purchase, the option fee amount paid will be reduced from the purchase price to lower the purchase price on the sales agreement, after they exercise their option to purchase.* The property is not sold and title is not transferred until the tenant exercises the option to buy.
Ray Morrison
Rental property location
29 March 2017 | 2 replies
Busy roads and schools, etc don't reduce your rent like it would reduce your sales price.
Braden Smith
Systems to manage your business
13 April 2017 | 9 replies
You can create custom apps that will allow you to track, keep notes, set workflows, bulk import date, export data, filter and even make an online data entry sheet that you can implement into a web page for virtual assistant data entry.The site does so much that the options are virtually limitless.
Alan Brown
Condo Conversions: what's your scariest story?
3 April 2017 | 8 replies
Getting an environmental study completed and obtaining all of the approvals needed from the local municipality before actually purchasing the property is also a way to reduce a potential disaster.