Been looking for a duplex near my new job so I can get into the investment game and bring down my monthly out of pocket expenses. I found one that is basically move-in ready and has a tenant in one side which is perfe...
I will be replacing the roof on one of my rental properties this summer. The question is can I expense is all this year or do I have to depreciate it? I ask because I've heard both sides lately. The normal consensu...
Hello,
I've owned a couple of rental properties (SFH) for a few years now, and just bought my third. I plan to ramp up my REI in the next few years, and I'm thinking about getting my real estate agent license to help...
Hi everyone looking for some input or help if possible, purchasing a duplex with my wife closing this November and we want to start out on the right foot. We are owner occupying one of the units and renting the other ...
Hello Everyone -I want to have my money tied up in RE, rather than the stock market. I also believe the ability to manage the business of RE whether it be renting, flipping, etc, is a great skill to have. This is not ...
Hi everyone, I am looking for a Property Manager in Omaha, Ne for my duplex and 4plex. The manager I used last year allowed one unit to sit vacant from May-Dec, 4 units to sit vacant for 2 months straight, and gave m...
I have a decent amount of home equity on my primary residence that I'd like to tap into for down payments on some rental properties. 1) Is there an advantage to refinancing with a cash out option or doing a home equ...
Hi all, I just came back from short visit to San Antonio. I drove around a couple of neighborhoods and saw some area that are really gentrifying. I am no expert in the market at all and want to get some feedback on th...
Hello BP community!First post after reading many informative and useful threads; excited to be here! Thought it was about time to take action, get off the reading bench and ask for some advice/guidance. So here it goe...
Hi Everyone,
Haven't posted on here in a bit. New to wholesaling. Still working on first deal.
This is for a townhouse:
Comps show 115-125k (6 months back w/in .5mile) ~120 conservative.
Tax value is 95k.
P...