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Hello everyone,
I just wanted to share with you all the new investment property I just locked up yesterday. Here are the figures:
ARV $98,000-$106,000
Repairs $6,000
Purchased For $45,900
Average Rent Range $900 mon...
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I'm considering purchasing a vehicle to do showings as an agent. Can that purchase be deducted? Is it better to create a depreciation schedule for it? CPA friends, help!
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I wouldn't say it exactly like that, but that's the gist. So, if you were in my shoes, how would YOU go about orchestrating things? (details below):*2bd/1ba home in Bakersfield, CA. Detached garage in back. Backyard i...
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So my wife and I began building our team last week. We met with a banker to discuss our plan to get into real estate investing. He looked over our plans and helped to clarify a couple of questions we had while confirm...
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Hi Everyone.
I'm thinking about buying a 3 bdr 1 bath
single family home in an A neighborhood woth good schools but with no garage. I personally don't use my own garage, but how important do you think
a garage is to...
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Hello, I am new to the real estate market. I have been reading books and analyzing deals for about a year now. I finally feel ready to make my first rental purchase. I live in New York, the real estate here is high, w...
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Hi, Is it bad form or legal to simply not renew a rental contract because the tenant isn't taking good care of the place or because I would like to make updates. I'd like do a lot of repairs/clean up so I can rent it...
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New(ish) investor here looking to link up with potential partners to do BRRRR deals or flips in DC, Maryland, or Northern Virginia area. Also want to network with wholesalers, investor-oriented brokers, contractors, ...
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Hi! I haven't been on BP for very long. We own five rental units in our area (four apartments and a house), so we're still small potatoes. I really have big dreams of owning a lot more, but I don't know at this poi...
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Greetings from Harlem NY! A family member and I are interested in rental properties. We have zero experience but know that Newark and certain Bronx neighborhoods are way cheaper than Harlem. We hope to one day hold pr...