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Curious to hear what you would do between renting or selling in my situation. Here are the details:I have a residential home in Nashville TN built in 2014 and great location. For tax purposes this would appear as my p...
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Hello BP!I'm looking for visual reference material that would provide an at-a-glance display of at least the essential puzzle pieces to a real estate transaction specifically concerning the entities/parties involved &...
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Hey all,First time homebuyer here looking for some advice. I purchased first home last year using TSP funds (401k) for a down payment. My goal was to try to pay back the TSP within 5 years to start getting my ROI in m...
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Hello, BP Community,We are eyeing our first sub-to deal and have some questions we're hoping you can answer. Here's some info about the unit:- 2bdrm, 2.5bath townhome, built in 2021. High appreciation area, was listed...
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I have found my first house to invest in and looking at different options to get the most from the investment.
Purcahse- $75,000. Used a hard money lender for purchase amount and will be a 50/50 split on profit
ARV...
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I am trying to find a company that sells a list of properties with a certain zoning code. In my city, the zoning code plays a MAJOR factor in how much a property is worth. If it's zoned RS, a builder or investor can o...
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Hello group. So, I am attempting to write up a contract on a wholesale deal. Caveat is, this deal is super lucrative as it offers Owner Financing! My big question is: How do I factor in my fee? Initially, I am th...
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I'm looking for some help in evaluating a deal on a small boat storage at a popular lake, located in very close proximity to the marina and boat ramp.
As you'll soon discover in my meanderings on the subject, I'm ver...
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I understand the basic calculation of cap rate and COC. I am wondering if certain expenses should be factored into these calculations.Specifically If I plan to put aside cash reserves at the purchase of a property (6...
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I know deposit money is not considered income unless you keep the deposit at the termination of a lease but how do late fees factor in to taxes? Are they simply added in with the rest of your rent rolls? I guess the s...