The treasury dept and IRS just released the final set of regulations for the popular 100% bonus depreciation schedule. And great news for the Real Estate pros trying to avoid taxes... the “placed in service” date was ...
As everyone is rushing to get into the Airbnb market, we have been in it long enough to want to get off of their platform altogether.We still want to do short-term rentals just not on Airbnb due to their guest-friendl...
Hey guys! Just learned about BP from the ChoosFI crowd and am super excited to dig into this. My wife will be active duty AF in 2020 and we will potentially be living in the Chesapeake/Norfolk, VA area. We'd like to u...
Hello Everyone,I'm coming to the forum with a few questions about wholesaling. I am currently in the Navy, stationed in North Chicago. I am very interested in wholesaling and I am wanting to close on a house within th...
What’s your goal for acquisition in 2019 - whether it’s based on quantity, dollar value (price paid) or UPB / FMV?I am targeting 72 note deals for 2019 (6 per month).
How long is the seasoning period to do a cash-out refinance into a conventional mortgage if the property is completely paid off? I've read somewhere that it is usually six months but doesn't specify if that 6-month s...
I have a choice of buying the condo that I am currently living in and buying a Tesla model 3. Today is the last day to order car and receive a $7,500 credit towards the purchase of this auto. I will not be able to ch...
Every person will be different, but how many properties have you found to be manageable to manage by yourself? At what point did it become too much along with your full-time job?I'm planning to buy 10 rentals over th...
I have an opportunity to invest in a crowdfunding, 50-unit opportunity with the following terms:- 8% preferred return- 25% net rental income- 50% profit upon sale Property management fee is 7%. Markup on maintenance ...
Step one was raising my credit score. I have done that. Step two was reliable income and learning about property management. I have been managing a 49 unit apartment building for almost two years now. During all of th...