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Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $370,000
Cash invested: $74,000
In escrow on a duplex in the Muscoy area of San Bernardino. Our close date i...
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I am under contract for a house that has a bowing foundation wall. This is a walk in basement house and it's on a hill. So there is about a foot of foundation uncovered (out of the ground) on the back side and not cov...
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Hello, I was wondering if anyone had any insight on if expenses incurred in obtaining a vehicle for my real estate business would be tax deductible.Example: I own property in Michigan and purchased a vehicle for $10...
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I am a single mother working as a teacher and want to purchase a home. But don't think I can afford a home. I am tired of paying rent. Is there a way I can become a homeowner and not pay an outrageous mortgage? Your a...
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Does DSCR loan apply to a property you are looking as a STR and not as a LTR?
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We have a 9 bed/9 bath property in Flagler Beach, FL with shared living spaces and a covered in-ground pool. Looking for guidance as to what this property's rental niche could be. One important thing to note is that a...
The Media vs. the Landlord WARNING!!! What you are about to read are some of the things that have happened to not only me, but to other landlords across America. Please note that I don’t write this to scare you. I w...
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Looking at a HUD home that has a lead paint report that came back with a lot of spots in poor condition. Are these usually accurate? How about the estimate that they give to repair if it is needed?
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I have a potential property that I am interested in acquiring that is cashflowing quite nicely. The catch is, the lot next door is listed separately and must be sold with it!What do you do with an empty lot when the c...
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The importance of lowering expenses and increasing efficiency to maximize property income. How? Implementing water-saving initiatives is a smart way to reduce utility costs. By exploring options for cost-effective uti...