Does anyone have experience with Section 8 in Aurora, Illinois? Any information would be appreciated.
When calculating your NOI, what kind of allowance to you take out each month for long-term repairs? I assume you would want to take a portion out each month to save for when you need a new roof, or for something unexp...
Let’s assume I would like to purchase 200K in properties using my Roth IRA for 10% down and a private investor for the rest. These are high cash flowing properties. Assuming I have the properties in a self-directed R...
Taking advantage of super low primary residential mortgage rates.Will refinance my primary house and plan to cash out enough to pay off an investment property's mortgage balance.Will deposit the cash out check and pay...
Hello BP world, looking for advice My family has recently acquired raw land after a loved one passed away, a small parcel that was apparently split up 6 ways, we own 3/6 of the land, the rest is own by other family...
I was starting to build, edit, and run a few deals through a spreadsheet I developed. Below is an example of the financial statement portion of the spreadsheet. I was wondering which number the IRS uses to determine...
We are looking at selling a single family rental we have in the Portland area and buying another house in central Oregon - ideally we would like to build an ADU on the same property and live in the ADU while keeping t...
Aloha BP!If an owner was willing to seller-finance more than 30% of the property's value, would a lender be willing to loan me the remainder of the deal? For example:Property worth : $320kSeller-finance : $120kLoan : ...
You have 45 days to identify your property on a 1031. It must be an investment property. If you are using the house hacking method, you are in a primary residence but it is also an investment property. Is this a feasi...
Hey guys!
Long time listener, first time caller!
I have a tax/capital gains/ insurance settlement question:
I bought a duplex 3.5 years ago with a conventional mortgage. Owner occupied one side, rented out the othe...