Hey guys, so I'm at a bit of a tough place right now. I finally got some financing underway, and I finally found a duplex that I like here in Southwest Florida. However, I didn't anticipate not splitting the closing c...

With all the talk about mortgage rates plummeting, I wanted to reach out to see what rates and loan terms others are getting or researching during this time. It would be nice to refi, take some cash out, and pay the s...

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I cant find this exactly on the IRS pages, but I have read on some sites that I may have to claim the insurance payment, as rental income, and then the entire cost of the repairs add to normal repair on schedule E. Is...

Please help!! I currently have a deal in progress, however, the seller wants to choose the title company. I called the title company she chose and they aren’t familiar with wholesaling. Should I still go through with ...

Just had a question about doing a 1031 exchange.  I am looking at selling a property and buying another property in a state that  I will most likely move to in a few years. I would rent out the property for a while an...

Currently my wife and I have two rental properties and our own primary house. Both rentals have roughly 100k equity in them and we owe 200k on our own home. We are thinking of selling both rentals and paying off our o...

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $109,000

Cash invested: $95,465

Two family, 5 bedroom, 2,000 sq feet plus of living space built in 1910.

...

Can you write off rehab costs as repairs and maintenance when using the BRRR strategy?

I am an out-of-state owner with a property (3/2 SFH) in University Park. I haven't been happy with the management, so I'm looking to make some changes. Ideally, I'd like to find a new property manager to handle things...