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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $121,000
Cash invested: $114,000
Sale price: $330,000
This was my first fix & flip! After running my numbe...
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Tax experts please help...I'm reading the book, Principles of Real Estate Syndication by Samuel Freshman.From book "There are certain tax advantages allowable with respect to new construction of residential income pro...
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My name is John Morgan. I have a wife and a daughter named Addison as well as a son that is due in April. I am a third grade teacher in an Inner-city school in North Knoxville and am originally from Dallas, Texas. I a...
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So there is an apartment building I am trying to appraised but I need some assistance. Its 2 buildings attach to each other but has 2 separate address. The bottom floor is a restaurant and its spans the entire area of...
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Hi everyone!! Recently I've been trying to do a cash out refi on my primary home in Virginia. The problem I'm running into is the fact that I purchased several short term rentals earlier this year and have been told b...
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First, I have nothing against pets. I do allow pets in some of my rentals, but I have to say, they DO add to my cost, yet I do not charge a pet fee.Here is a list of things I have personally experienced a tenant's do...
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Is a 4” x 6” x 12’ structurally as sound as a 4” x 8” x 12’ beam, when used as a load bearing beam?Having some home renovation done consisting of widening the opening at dining room and living room. With this widening...
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I am a new investor in a new market (I moved the Phoenix metroplex a year ago) and have been thinking about real estate for some time. I have recently gotten very focused on making my first investment, so I have been...
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I apologize as I could fit the full question in the title.We currently pay our nanny/sitter $500/week to watch our two young children. This is under the table and not tax deductable. Our arrangement works fine for b...
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All, I am an Investor/ Real estate agent out of Broward county in South Florida. I also have a w2 job and have worked there for 3+ years. I own a 3 bed 2.5 bath townhome which can rent for about $1500 per month. I am ...