Hello, I am wanting some feedback on 2/1 rentals- particularly one I am considering buying. The home I currently have a all cash offer on is a 2/1 in a busy city 20 miles from Seattle, Washington. 50/50 mix of white...
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From those that own mobile home parks have you found it difficult to fill sites if you just rent the site? One park I am looking at has about half park owned homes and half empty sites for people to bring their own tr...
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Ok this is a long story (feel free to stop reading now). I’m in real estate investing by accident and trying my best to make the best of the situation. When my wife and I got married I started renting out my bachelo...
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...how do you work it out with the contractor? Do you go with them to buy supplies? Ask them to front the cost and once they deliver materials and show receipt you write them a cheque? Do you have them compile a li...
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Hello All,Within a year or so I anticipate a move to Austin, TX. Ideally I would like to househack a 4-family building with FHA financing. A few questions for all y'all already operating in the market:1) which areas w...
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All I get is email blast messages from travel nurses who all want to rent an entire lake house by themselves/no room mates but their budget is $1,500 a month. Are these people smoking crack? You can't rent an apartmen...
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Even with live events coming back after COVID you won't see many real estate seminars. Nudge was one company sued by the FTC. Nudge LLC FTC Action
Hello fellow BP members,
I have a question in regards to selling my Condo.
Question: Should I replace my worn out carpet with new laminate floors before selling?
I’m currently in a hot market (Temecula, CA) for se...
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Purchase Price $856,000
Renovation Cost $550,000
Total $1,406,000
Q3, 2007 apprasial with quoted repairs $2,000,000
Expenses run 40%, plus vacancy (est. 10%).
Gross income is $330,000
Your thoughts?
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As the subject questions; what is the most effective tax strategy during the buy and hold growth phase? While working to grow and add additional properties, would it be a good idea not to report any expenses to your C...