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I have a really good deal in a hot area in San Diego.The seller is motivated, the home she inherited and it is currently vacant as she lives in another city and the last tenants moved out. I have built the rapport wit...
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Hi all,Just wanted to know everyone's opinion about this. I was wondering if getting your license online was difficult or if actually taking the classes was worth while? I'm leaning towards online just to work on my o...
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I can't believe this - I just realized that the house I bought on Friday still has no insurance!!! Fortunately there isn't much there since it's a shell to be rehabbed. But no!!!!
Is there any way I can order...
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Hi,I am looking to purchase a couple rental properties in Nevada, living in California the taxes here are crazy and i want to pay as little as legally possible. If i bought a property in Nevada how would i go about pa...
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I am probably going to sound naive here, but I have thought about becoming a RE agent so I can handle my own showings and deals. (don't want to lose deals due to slow agent response due to THEIR schedule.) I talked to...
Hi, I am having an issue wrapping my head around this. I use my seed capital as a deposit on my new home build loan, I then receive the money in one lump from the bank, and have to use these funds to build the home, m...
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Hi. I understand with flipping you have to pay ordinary income taxes on the profit.Could anyone explain how taxes would be for a partnership, in which profits would be divided 50-50 in the following scenario: ==one pa...
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So, I've seen posts run the gamut here on Biggerpockets when it comes to how Fannie/Freddie calculate your DTI including your rental properties.
Let's say, for arguments sake, I have 1 rental property which grosses...
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I'm currently trying to help my parents get out of their house. One had a heart attack, the other had cancer and they are ready to retire and downsize. They have a 3,900 sq ft, 4-sided brick house with a finished base...
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I'm working a deal where the property owner passed away in March. The property is in pre-foreclosure with a scheduled Jan 3rd auction date. I've contacted her sister--who says she is the sole heir. my plan is to help ...