Hello.
I'm a board certified doctor in the NY area looking to open up another location.
I found a place that seems to be offering a good deal, but I would like the help of others to help me analyze the specifics...
The formula:
ARV - rehab costs X 65-70%= purchase price is hard to attain in the current market. I think as of RIGHT NOW, its more like:
ARV - rehab X 75% = purchase price (too really have a chance at getting the p...
Hey BP,Need some advice. Actively looking at multi-families (2-3 units) to rehab and eventually rent out.Starting to feel my offers are too low as I haven't gotten much traction on 5 offers.I of course take ARV - Esti...
Hey everyone,I’ve noticed that a lot of investors, especially those starting out, often face challenges when it comes to the earnest money deposit (EMD) required for property deals. It's one of those necessary steps t...
I live in California however own an investment property in Ohio. I may end up paying Ohio state tax in the profit from the investment property (even with depreciation and expenses). Would it be worthwhile to contribut...
I am entering the short term rental space and I would like to start with properties in Rochester, NY. Anyone knows of any specific areas in Rochester an Airbnb would generate the most profits and revenue? Also a rec...
So, I have my first property under contract. I'm excited about it because it offers good potential as either a flip or a rental. In deciding between the two options I'm wondering:Which strategy has more tax advantag...
I'm about to close my first deal for $150k rental property which will cash flow $14k yearly.Thinking forward, what would be an ideal strategy to generate enough income so I can retire in 10 years? I can refinance and ...
Hello... We own a rental home in CA. We owe around $300k and the home is being listed for $550k. We intend to reinvest our profit from the sale into another rental property. My questions are:1. Do we have to reinvest ...
Hi, my name is jacob (18) and i’m from minnesota trying to start a small shoveling business this winter with a partner. I don’t believe that we will be making a whole lot of money this winter but we both want the expe...