I close on my first property, a duplex, in a couple of weeks. I will be required to occupy per my FHA loan and intend on occupying the upper unit starting in July as I am making June their final month to meet thirty d...
I am a first time investor thinking to buy a condo in chicago. Upon research, i found out that the contract needs to be examined by an attorney which can cost $600Anyone buy a property in chicago without an attorney o...
I am currently in the process of getting my out of state property Section 8 approved. I have Section 8 tenants who qualify and are ready to move in, the only thing waiting is a successful inspection. The property fail...
Hey guys my wife and I recently decided to sell our condo in Destin Florida. Units in our building are selling for record prices and we don't make it down there as much as we would like. If/when it does sell are we go...
Hey! What are your tips, trick and/or apps when you are doing a quick construction/ re-hab estimate? Obviously we will get a real estimate from a GC if the deal seems to make sense. What I'm asking for here, is at the...
Working on the analysis of my first possible BRRR. Any insight is appreciated. It is a pre-foreclosure 3 bed, 2 bath 2660 sq ft property. Hoarders lived here so tons of things everywhere and in need of a lot of cosmet...
I am reading IRS Publication 925, "Passive Activity and At-Risk Rules". In Real property trades or businesses paragraph it lists development and construction as two separate trades. Scanning the forums, I do not see a...
Using mobile, the specifically mobile phone is increasing at a fast pace. From enjoying TV to searching the internet, hearing songs to also mingling with social networking sites, you just require a mobile to accomplis...
Hi Everyone,
I am graduating college this May, and am looking to buy a 3 or 4 unit property as an owner occupancy- does anyone know if you can set up a home office and deduct the sq. footage as an expense, even if yo...
Is there a legal timeline to update current investors about a significant change in the investment?What are the legal requirements for updating the investment information/pitch deck for new investors?I am no longer wo...