Cost segregation has been a major player in tax strategies for real estate owners by reclassifying assets that have a shorter useful life and can be depreciated over 5, 7, and 15 years from the nonresidential or resid...
I've heard some say the rule of thumb is "short as possible". Others just go out to 30 years. Still others figure out a realistic monthly payment, work back from there, and have a unique schedule like 21.75 years (2...
Beginner looking at real estate investing as an opportunity to provide income for my family. Interested in being educated about real estate investing and learning from those that have done it.
I made an appointment to pre-qualify with a mortgage broker to purchase investment property. On my own credits, I qualify for $260,000 loan at 5%APR and 25% down payment.
I have a private investor lined out ...
I've been in business for 2 years, and have reached the point where I've consistently been remodeling at least 2 homes at any given time. My average is 3 homes being remodeled for rental or flip at any given time. Tha...
Hello All,
1st post here! My wife and I are young real estate investors from Long Island NY. Aside from our Long Beach Co-op, it’s nearly impossible to scale here because we’ve been priced out of this market and wi...
How much money do you guys put down as earnest money when putting a home under contract? Or what is considered typical?Thank You
Hi everyone,
I have been told by several people that there is a way to gain access to REOs not listed on the MLS.
Is this possible? Is there a way to find properties not yet listed on the MLS?
If so, any help or ide...
Hey Everyone,My name is Martin and I am completely new to this. I have always been intrigued and interested in real estate and the romance of building my own business. That is not what has guided me here. My journe...
Hi BP. This post is my first action towards building a real estate portfolio, so please be forgiving if I sound like an idiot. My father in-law owns a property his son has been living in for the last 10 years. The hou...