For example: you buy a rental property for $100k.$40k attributable to land and $60k to building.You sell it 5 years later for $150k.You'll need to take $2,182/year for depreciation (see MARCS 27.5y table), so that's $...
Hello all,I found a free and clear seller (somewhat motivated) who is willing to do owner financing. I plan to buy and hold that property. I am going to take a look at the house soon and plan to offer him all cash off...
Hello everyone!I'm currently in a strange position and am needing to be creative to achieve my next real estate goal. I'm about to start looking for a multifamily (5-20 units) in the Pensacola, Florida area but I hav...
Hi there,We recently bought a house in Dallas TX. A couple of weeks ago the tenant called about toilet backing up. We sent a couple of contractors there to look into it. They found that the plumbing lines were not ins...
how to find reliable wholesalers in you area?
There are tons of them, hence how to avoid bad ones and find/choose the ones that you can work with long term?
I'm planning on doing a direct mailing to all off market apartment owners in the area to try to stir up some deals. What are some important points to hit besides these:
Private investor - not trying to get a ...
I just did. I closed on my primary residence in May and just got a letter stating that there is a leak in a shower and they are demanding $25k by the end of next week. Whats sad about this is I'm 99.9% sure that thi...
I am trying to buy a duplex that is need of updating. I made an offer over a month ago of $90k and the list price is $129k. They countered at $128k. It has now been about 5 weeks and they haven't lowered their pric...
First off , thanks for taking the time to read my post. Im a young investor , have studied REI thoroughly for a few months now . I have a great understanding of how to carry out a wholesale deal , i just need advice o...
Hey all and thank to all who read/respond in advance.
I am 25, did 6 years in the Army Reserve, plan to use my VA loan or FHA loan whichever makes the most sense.
I am planning to start a doctorate of physical ther...