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Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...
I have saved some money over time and i started looking for my first purchase in san diego. It's to expensive and i feel like i would get tied down for a while with the mortgage. Condos Appreciate maybe 4-8% a year. I...
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I own an apartment in Manhattan that can rent out for approximately $4,500 a month. My monthly cost is only about $1,500 (common charge and tax) since I have already payoff my mortgage. I am thinking to create a par...
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Hey guys. I'm an emerging real estate developer in the NYC area. I've been exploring the pathways of raising capital for new projects, which led me to crowdfunding. My background is in investment banking and with th...
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I have already asked this question a few months ago but sitting here on the couch something dawned on me.My original question was can you qualify for a fha loan while you already have TWO other mortgages that are NOT ...
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I invest in foreclosures in the Monterey Bay region. I have been doing this for 2 years and have had 7 profitable deals.
This is a short tutorial of the process. By the end of this post you'll have...
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Would anyone like to explain to me some of the benefits\drawbacks of both of these types of investments? It seems to me that when starting out, REI seems to require far more money than investment in stocks.
I read t...
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Hello Everyone,
I have a property in Northeast Philadelphia, I bought it around Mid-September last month. As soon as the deal closed, I submitted in my application for the Philadelphia Business Privilege License (wh...
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A couple of random questions.
When a new banker pulls your credit, does it actually show the amount in the Checking and Savings accounts? I have a few (old accounts a couple hundred bucks) accounts with zero activity...
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I'm looking to connect with those looking to invest in the Dallas Fort Worth Metroplex. I work with a large wholesale brokerage that sells 30-40 investment properties per month. What are your thoughts about the DFW ma...