Hi BP question... If I am currently renting out half of my downstairs in my home and thinking about renting the rest of house approx 1400 sq. feet would I be able to use that money to help finance another house. In ot...
I am in the process of subdividing a lot and building 2 new homes. It was brought to my attention that deconstruction could more than pay for itself with the tax deduction. But this is $30k more expensive than demoi...
I opened an SDIRA last November and bought a foreclosure property in December. I had a few minor repairs made ~$1000. We put it for sale or rent on Craigslist and actually sold it for a $14k profit. It took us unti...
In the year 2016, the Lord came unto Noah, who was now living in America and said: "Once again, the earth has become wicked and overpopulated, and I see the end of all flesh before me.” "Build another ark and save 2 o...
Found another one...
Value about 90k, think I can get it for 60k
Basic number:
Rent $1000 - $1200
Expenses: $500
NOI: $500
Mortgage at 6%: $360
Cash flow: $140
Seems to work. My one concern is that I don't expec...
My partner and I bought an apartment complex in Ohio as TIC. We each have our OH LLC that took title as 50/50 TIC.Now we are trying to figure out how to properly structure banking and money flow. We are 50/50 TIC, b...
I got wrapped into an informal partnership on a real estate flip project that we are about to sell after 3 months of rehab. We split the costs 50/50 and we are about to close soon. Since the partnership/deal wasn't un...
Your input is valuable: How do you want your Cost Seg study prepared?For context, let's cover some Cost Segregation fundamentals, and explain the interaction between Land Value and Cost Segregation:Cost Segregation is...