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Looking for some advice... I am purchasing my first rental property, a triplex. I would like to know if there is anyone doing depreciation on the rental property? I know that CCA deduction claimed will become taxable ...
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Hi all,I'm planning on participating in an auction process in about a month on a condo property in Florida. I was wondering if anyone in this community had recommendations on short term lenders that I could tap for ac...
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Hi everyone;I wanted to ask about repair estimates. Do you pay an agent, appraiser, or partner wholesaler to walk every property and build your estimates, or do you ballpark them?
Aaron Mazzrillo (who has done a BP ...
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Just went and looked at a potential deal that is the first of its kind as far as my investing career goes.Single family home on a great street in a B neighborhood, historic city. There are some rough parts of this nei...
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What is (generally speaking) a "safe" amount of cash to have set aside for expenses before entering into a first deal? In my area I can find 3-4 unit properties around $120K (smaller town) so, obviously on an FHA loan...
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It's hard to say exactly what the future will be like, but it seems likely that short-term rentals could become more popular in the years ahead. This would mean an increase in available units and lower prices for thos...
What’s the best loan besides an FHA loan to house hack a duplex? I have the option of using a physician loan as well (0-5% down payment) and avoids PMI that FHA has. If I’m trying to grow my portfolio of investment pr...
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Investment Info:
Single-family residence buy & hold investment in Memphis.
Purchase price: $150,000
Cash invested: $50,000
This property is a long-term play. It is in my favorite Memphis communit...
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so far i have doing as much research as i can and i have moved my converstion forwarward with memphis invest..extremely disapointing they use voo doo math !!sent me properties priced at aprox $140 k with returns after...
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Hi All,I was wondering what the typical spread is between interest rates for a conventional 30 yr loan for a primary residence vs. a rental property? My lender quoted me at 5.375% for rental property loan with 20% do...