So I’m brand new to this and looking for my first deal. I found a foreclosure for 40k that needed quite a bit of work but the comps were around 200k. I asked my agent to take a look (I’m out of state) and he said he w...
Hey everyone.
My name is Boris - over the last few years, my wife and I have built up a portfolio of properties in a handful of cities around the country that we run as short-term and mid-term rentals. As we both com...
Hi BP folks. I am remodeling a unit - adding a bathroom, laundry unit, and updating kitchen. My PM suggested an architect, rather than a home designer or draftsman to draw the plans. He referred a couple options but h...
Hi, All:
I know this has been addressed in the past but I wanted to share my experience and get some feedback on others' interactions with Freedom Mentor.
I've been seeking a mentor in REI for a while and have been ...
Hello,I am in the midst of a mortgage refinance and I am done with initial formalities, signing the initial disclosures and providing the documentation and so far happy with the terms and It can take 30-40 days to clo...
Now using the de minimis/routine maintenance safe harbors instead of bonus depreciation for appliances, carpet and the like. I don't understand why my taxes go up a few bucks when I change move an item (a kitchen appl...
Managing a rental can be as tricky as a high-wire act, especially when it comes to picking the right tenant! A friend of mine, who not only manages but also lives in his triplex, is about to face a vacancy. He's con...
Hi There ,I am about to get a website scraping tool built - but I am not too sure of all the things to consider here - I have given the basic requirement to the developerfor ex: the program built should be able to wor...
Investment Info:
Single-family residence buy & hold investment in Charleston.
Purchase price: $354,000
Cash invested: $10,620
This is my first deal! A short term rental/house hack, the property ...
Hi everyone,Just looking for some advice on how to manage finances. We are set to be closing on a deal that would put us at 23 units total spread across 3 properties that we are self managing. We will be using Cozy fo...