I have 130k in equity in my primary residence at 4%. I believe if I do a cash out refi I could get a slightly lower rate and pull out 65k. I am confident I can get that cash to return at at least 8% and probably highe...
Are turnkey single family properties suppose to be already tenanted before and after closing on purchasing the home? DURING the property inspection... is there suppose to be a tenant present and no one from the turnk...
Good afternoon everyone,
I am a new investor about to close on my first building next week. Everything went smooth through the contract stages and then I just found out that the one tenant that was supposed to be ou...
More to the point, Brandon mentioned when implementing BRRRR, he can pay more than a flipper. Flippers typically want to buy 30% below ARV, did I hear Brandon right, that BRRRR can be purchased up to 20% below ARV?
The property:
There's this 2 bedroom 1 bath house for sale in a small college town. It was described as a "small cottage" and has an attached garage. It was a distressed house that the owner bough...
Just a short while back, Marisa Mae was caught in the paycheck-to-paycheck trap, her credit cards stretched to their limits with no emergency savings to speak of, all while wrestling with constant financial stress. To...
Hi, I am trying to fill out forms 4562, 8825, and 1065 for a partnership. Form 4562 is all done and contains depreciation from our rental properties and one listed property. The deprecation from this form is supposed ...
I'm at lost for words. We put a contract on a home Jan 6th contingent on the sale of our home. The home we put a contract on has a trailer on the property and it was in the contract that it had to be removed by the se...
I see a lot of folks mentioning on social media (more Facebook than here) that they wish someone would let them intern for free as a cohost. I think a more ambitious strategy would be to "flood the zone with value" - ...
Suppose I buy a painting and use it in staging of a property that I am selling (that is, I am not the realtor selling, it's my property). Then it looks like the cost of the painting can be deducted as an expense for t...