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I hope to pick the brains of seasoned investors here in the DFW (Dallas - Ft. Worth) area regarding marketing to out-of-state absentee owners. I've admittedly been reading on the subject of wholesaling for quite a whi...
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So I'm working on using the rental property calculator for the first time. In my theoretical world, I'd pay cash for this rental property and assumed that the county assessor would assess the property value below the ...
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I would like to know if you have a potential investor that is a contractor. That is interested in investing in properties to flip. The contractor does not know how to find houses to invest in but I know how to find th...
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I've read that after calculating everything out, there should be AT LEAST $300 of cash flow to make a good rental property. But I have no idea if this for a $100k or $400k property? Is there some kind of ratio or perc...
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Hi everybody,
I read in a post today about house hacking. But instead of living in the house to follow FHA guidelines the person used their 1/2 of the house for their office and wrote it off as an expense? I live ...
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I'm under contract for $340k on a piece of property that has two separate houses and an unattached garage. The houses are both rented up with a total gross rent of $2500 per month. I reached out to my mortgage broker ...
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I know a lot of wholesaling deals are mostly in cash, and I have been hearing a lot of "paying 70% of the houses value" or some other percentage. So lets say I have a potential seller and he is asking for 100,000 doll...
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My wife and I spent our anniversary at a resort in Georgia that set up like a neighborhood of small little apartment sized houses. There were sidewalks, fire pits, community games, etc and all I could think was how aw...
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Any recommendations on HELOC lenders? Looking to use a HELOC on my primary home for BRRRRs. Will most likely need $100k-$250k. I have over $400k equity in my primary home so hoping it should be easy enough. I’ve read...
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This question is not really for me because it won't make much difference for me but I want to throw it out there to see if the tax experts can weigh in. Perhaps it would be helpful for others.Can you deduct the state ...