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When rehabbing a property, at what point do the expenses become tax deduction? I realize that it will raise your basis, which will effectively reduce your tax burden when you sell.
Here...
Hi
I am new landlord and have a question hope your expert can help.
Should I use Property Manger or Realtor to help me rent my house? I read a lot of post here explain how to screen the tenant, which is all good. Ho...
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Sorry this isn't directly related to RE, but I know there's folks on here that will have some good insites on my situation. An opportunity recently presented itself to partner with another couple to open a restaurant ...
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Is this a sound investment strategy?
Acquire a building . We get a hard money loan for 50%-60%. We then ask the seller to carry a note for the other portion. Of course we will have points and other costs. We then...
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I’ve been researching how exactly you can earn your income through the wholesale Lease Options strategy and I want to know hands down what’s the best and most effectIve way to work this srtategy. I’ve seen a few metho...
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Hey everyone,I'm wanting to get some flippers perspectives on this scenario. I'm in escrow on a flipped property and found numerous issues that were in result of the workmanship of the hired help. Examples: Electrical...
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I had asked this before, but did not have the supporting links, so I am asking again with reference. My father in Law would like to burrow money so he can buy a new house. I would provide a bridge loan secured by the ...
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I am currently employed full time as an IT contractor for the Navy (in Norfolk, VA) and am currently in school for my real estate salesperson license. I'm planning to be a real estate agent on the side, part time, an...
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My husband and I just met with a Financial Planner who had the deer in the headlights look when we talked about our rental properties and real estate notes. We are about 3 years from retirement and trying to get as mu...
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Has anyone ever painted over wallpaper with success? The only reason I ask is painters in my neck of the woods charge between double and triple extra to remove it, compound, and then paint.
This is a house in a midd...