Good evening fellow investors,I came across a house that is gonna be foreclosured on Friday. I ran the numbers but there is little information to confirm the exact ARV and, as I’m out of the state, I don’t feel comfor...
The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income. An additional benef...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $302,800
Cash invested: $40,000
Purchased as new primary residence. 5% down conventional loan. Seller paid closing ...
Hello, I have a tricky situation and wanted to get some feedback. I am in contract to buy a property in Indiana. The owner and her siblings were passed down the property from their dad who passed away. Their distant r...
I just finished reading "Investing in Duplexes, Triplexes and Quads" by Larry Loftis. There is a section he brings up about claiming a Homestead Exclusion for your primary residence. I have never done this. Does anybo...
I am looking for a insurance company that will cover my home even though it is under an LLC . There was a miscommunication between me an USAA and long story short i have not had coverage since i owned the house. I do ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $170,000
Cash invested: $150,000
Renovation and hold plan. All in for $320,000 have a loan against it for $375,000...
I have a rental property in West Palm Beach, FL area. The lease contract ends in a couple of months and the tenant would like to stay for another year. The tenant has been living there for 4 years already and I have a...
Hi all,
I have been doing lots of reading and research in the past month. BP has been incredibly helpful, especially the forums, the beginners guide and "the book on flipping houses". I have also started also started...
Extended Family lives in Portugal and wanting to begin to build a small portfolio out there if its viable.
I dont have real estate contacts out there. Wanting to meet with someone who has experience and connections....