Vaishal Patel
Isnt real estate profitable most of the times if you have the cash?
Ok here's wat i think.Lets say i have 250k in cash and i am looking to buy a investment property for 250k. since i am buying it with cash i dont have to worry about mortgage.I buy a good property in a good neighborhoo...
Kyle Hipp
purchase property or llc that owns the property.
Another question in the what if category. I am curious to the details and differences between purchasing a rental property from someone who owns the property through a LLC or just buying the LLC. What tax or other iss...
Jane Dang
Roof Replacement on Rental Property
Hi,My rental property's roof is 20+ years old. Last year, a heavy rain and storm damaged it and I had to replace the entire roof which costed me $21K. I understand that a roof repairs can be deducted as expense in t...
Eric M.
Need advice on taking over a "free" duplex
Hello all.
A situation has come up and I need some advice from the experienced guys and gals on this forum.
My father owns a duplex (1/1 and 2/1) which he is currently underwater on. He is either breaking even or l...
Andrew Merritt
Quitclaim to LLC, Due on Sale Clause Triggered
Hello, I have four properties and 10 units. All were purchased in my name. My accountant advised me to set up an LLC for them, so I did. I contacted my lenders to see if it would cause the due on sale clause to be ...
Daniel Hart
I bought a house "subject-to", but I'm unclear about the insurance
The lender is escrowing for insurance. I talked to my own insurance agent, and he told me that even if I add myself as an additional insured I still wouldn't have liability coverage.
I have the property in my pers...
Kenneth Soles
Buying an occupied house at tax sale. Dealing with occupants
Currently in the process of buying a house in Pennsylvania at a judicial tax sale through a county Tax Claim Bureau. It looks to be occupied. I've bought vacant properties through a judicial tax sale before but this...
Schadrac Mertis
property tax in texas
are the property texas eating into your cash flow? how do you invest in texas knowing that property taxes are high and out of control?
Jeff Caravalho
Would you fund this note?
Hi BP, I'm being offered this note secured by a deed of trust for the following:Duplex:Side 1: 4x2Side 2: 2x1Sqft: 1,578Total beds 6, total baths 3Total Monthly rental income: $2,100Deal Details $290,000 Fair Market V...
Rob Terpilowski
BRRRR turns into GRRRR, having a hard time refi-ing
I purchased 2 distressed duplexes next door to each other in the Seattle Tacoma area, initially with the intent of fixing and flipping them. I already had a BRRRR duplex that I purchased a few months prior and was be...