Hi I'm pretty sure I'm an idiot, but I'm getting slapped hard for it (again!)... I always thought that depreciating your property (and getting a tax write off for it) was permanent... So, a few years ago when I had a ...
Long story short, I recently repaired an old condenser motor to get the condenser to work without overheating. Ideally, I'd like to replace the whole thing, but there are alot of issues with the placement of the heati...
Great forum, glad I found it.
My question is as follows. The fule of thumb when determing a potentially good rehab deal is to use the 70% of ARV (After Repaired Value) less repairs method. However, can you use th...
I want to build a 12 unit apartment building. I have $120k saved up. I would be willing to use all of that as a down payment. I'm 27 years old and my only credit is from paying credit cards and my student loans(bo...
Hi,
I want to locate my first investment property that I plan on purchasing with an FHA loan and house hacking (living in one of the rooms and renting out the others) in Northern Virginia. Since there aren't many mul...
I am trying to connect with investors in Fayetteville NC, and other investors in NC. I tried the meet-up group, but I hear that it fell apart. I am thinking about starting my own group, but need to know who to invite.
I understand this rule and why I must use it. BUT, is there any other criteria that should be consider? Do I ever go down to 1.75% or say (rent x 55) for example? OR is this the 2% the minimal I should ever use.
A...
I need a room painted 9 by 10 roughly. My contractor wants $350 is this reasonable? Materials and labor
Thank u
I know every house isn't perfect unless you buy a new house even then it might be some small issues.How do most of you deal with home inspections? Do you let it deter you from getting the house? If so what issues?