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Hey Folks, Need feedback. We have a dear friend that passed away 6mos ago. Her family cannot afford to take over payments or refi. Balance is only 178k. It's a 4bdrm/3bath just outside of New Orleans. Can I approach t...
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Hey y’all!I have a (probably dumb) question about looking for deals. I plan to buy my first property and dipping my toes into REI within the year. I’ve been immersing myself into everything I can learn every day. One ...
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Hi, I just want to understand if I bought a property (quad) and received rent while I started the capital improvements .. can I deduct the expenses of the rehab still? This was a major rehab over 6 figures. Ty and ha...
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I'm trying to buy a house to wholesale from a older man who called me. It's a 2 family unit. I can not figure out a Arv for it to offer him a price. Nothing comes up on Zillow or MLS just has no value. I dont see why....
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My real estate investment class professor gave us an assignment of developing a pro-forma analysis for a property but only giving certain figures. It reads:" Typed, Double Spaced, 3-pages max not counting figures and ...
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How Can i Start My Career In Investing With No Rental History? Ive Done Plenty of My Own Research And All But Still Cant Figure out How to Even began The Process. Itd Be Great If Someone Can walk Me through it
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Has anyone use Figure to get a HELOC? or any recommendations on which is the best Bank/lender to get one with the best rates?
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Hello,
I would like to ask a question based on what I have read and found.
I found a house for about $118,000, 4bed, 2bath, full basement, lets say, hypothetically speaking the house needs about 20k in rehab; and I...
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I have a non-residential rental property that I leased out last year and I am filling out Form 4562 for figuring out MACRS depreciation(39 years MM, SL). I assume the basis for depreciation does not include land. I ...
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I just had a call at my workplace and after a long conversation with this sweet lady she told me she has 3 properties and there's 1 that she need to sell ASAP. I freezed, I didn't know what to ask or what to do, so I ...