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Dear all,I'm looking to invest in at least 1 property in North Chicago (around Rogers Park and Evanston) area in 2021 so I'm screening deals on MLS. Now I'm find a property whose potential ROI seems unbelievably high ...
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We are in the process of getting ready to close on an investment house we will rent out as a short term rental. I was planning to create an LLC for the investment and use it for all expenses and income related to the ...
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Hello all:
Please help me work through these two deals. I'm sure I'm missing some information, but here's what I have so far:
5-unit building
-(4) 2/1 units
-(1) convenience store
-3 units are rented out at $450 ea...
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I recently bought my first home with a conventional loan near the end of 2022. I've been setting it up to rent out part of the house through Airbnb while living in the other half. I've done some research into the tax ...
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Closed and moved into my first property at the end of September. Started renting out rooms shortly after. Would it be worth hiring a CPA to do my RE taxes for the 3 months? I understand, for the most part, how to fill...
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Hey there Memphis area BP Friends!Can anyone tell me what they're seeing on the ground with the North Mississippi SFH rental market (Olive Branch, Horn Lake, Southhaven, etc.)? What are the pro's/con's of N. Miss ve...
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I am looking at a portfolio of Florida tax lien certificates that are being sold through the Tax Lien Vault (www.taxlienvault.com). They provide tax lien lists for different states on their site but also sell tax lie...
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Hi everyone. I have been studying the craft (reading books and listening to podcasts) and have heard it mentioned that some people will surpass the threshold for their DTI radio (~36%) long before reaching the maximum...
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Short and the sweet story, My contractor goes to my flip today to find the locks changed and lockbox on the back door. I own it free and clear. Taxes are paid. I even checked the county database I still own it! HEHE.....
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It is my first time using the BRRR strategy instead of just flipping the house and I must say I am bit concern over the number. Here are the details:I paid €141.750K for an apartment using private money to fund the en...