I may understand this wrong, but under the new tax code capital improvements can be taken as a deduction rather than depreciated. Is That right? Specifically I had to do a new water heater and a $4000 foundation repai...
I just purchased a property June 1, 2021. The leases that were signed by tenants and previous owner clearly states they accept that their lease ends when the building is sold and that they will be required to leave th...
I have 2 questions, one specific, and one very General.First the specific one, ahs anyone paid for and used Crexi intelligence and is it worth my cash?Now the General: What paid tools are people using that they find ...
Hi All,So glad to have found this site, it is amazing! I live in Jersey City and my partner @Brian Jackson and I have just started our flipping business. I'm the number cruncher and he's been a PM and GC for the pas...
NY TImes Article
Look, we are being talked about in the Times! It is an article about the effects of an increasing number of homes being owned by investors and rented out. Neighborhood effects, including cri...
I have a property thats off market. ARV $250k, Rehab est $40k, purchase price $128k. When you look up the address, zillow shows the wrong location, but if you use the other websites you'll be fine. 210 Monroe St. N. Q...
My wife and I purchased a single family 3BR 2 bath home for 75,000 in the Midwest at 4.75%. We can pay it off in 2 yrs or rent out @850month. Why not pay it off? I get that we have more dumped in but to pay it off in...
I borrowed significant $$ (0%) from CCs in September and put that cash against my 2nd mortgage ($100K, 30 Yr @ 5.375%), I am on my way to pay off the 2nd mortgage by Mar '21. And then it will take me another 6 mos to ...
FasterFunds Lending, a hard money lending who focuses on the Saint Louis Market has a unique take on hard money lending that I would think should be more popular.
1. No appraisal fees. They get in their cars and go s...
Was wondering if sales price in tax records are 100% accurate because this owner tries to tel me that’s not what he paid.