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I don’t see a clear answer to this on the forums. I keep having bankers say “be careful with reporting losses on your taxes because it could make you unbankable.” What does this mean? How do you make sure that you ...
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Hi everyone,I'm new. I searched the forums and haven't found a place where this has been discussed. I'm considering putting an offer in on a house through Auction.com. I've been doing a lot of homework to make sure...
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If you could pick one market in the country for an aspiring investor to get started in what would pick? Specifically looking into things like cost, area safety, ROI, taxes. States seem to South Carolina, Colorado, Ark...
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I submitted an offer for a SF almost a month ago and have heard nothing but 'We'll get back to you soon' from the seller's agent. I am wondering what her definition of 'soon' is...It is for a conventional sale, not sh...
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Hi all,Im wondering if it makes sense for me to try to set up my own legal entities... I just got quoted $1500 per entity not including filing fees to set up an LLC, and was also told to set up an S-Corp management co...
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Where do you invest? And where do you see that region's housing prices going in 2023?
Below is some research I have done -
The following are firms that are predicting that US home prices will fall in 2023:
Gol...
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Hi BP,Here is my dilemma, I won an Auction.com property which states they will be providing a SWD and insurable title, yet the addendum supplied by the bank in the purchase agreement states: "BUYER UNDERSTANDS AND ACK...
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Got 2 reply from roofers, they found significant hail & wind damage to the roof which contains x2 layers of shingles and can not be repaired. So total roof replacement is needed , cost about $10000. Want to know...
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I closed on a 4 unit on 3/01/24 and sure could use some help.
I appreciate any responses to anything below!
- 3 units are occupied by seller’s close family - All units are on month to month basis
- All units ...
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All:I'd like your help in structuring a creative solution to buy a 6-plex that is physically in good shape, though financially it's a mess. Here are the details:"Ask" price is $299K, though Seller's Agent has suggest...