I'm planning to BRRRR my next property. What are the limits for tax deductions during the rehab on this type of investment? The property needs $20k worth of capx and repairs but it's move in ready currently.
I read ...
So my understanding is correct:
The figure represents how productive the property is relative to its value.
The three figures (NOI, value and CR) seem to flow in a circle
Rental demand drives rent price
The expected ...
I once read (or heard) that everyone should have at least 7 different forms of passive income. Other than real estate, What are some of you doing to create passive income?
I currently own and opperate a small vendin...
While I know the 50% rule isn't always a direct measurement of things, for this purpose I am going to assume it is. So, being a newbie, it is my understanding that 50% rule simply states that 50% goes to costs of prop...
Wondering if anyone has found or offers any type of continuity programs to their renters to create additional streams of income? If so, please explain.
Hello all, I am new to real estate investing. I have done most of my research and I have a contract on a property. Everything looks good. However, I do not know how to actually verify the property's income. The seller...
Looking at Purchasing a Mobile Home Park using master lease with Option to purchase at the end.
Currently 9 spots for mobile homes.
2 are owned by the park (1 occupied no rent collected, 1 vacant needs work)
6 are...
Hi,
If you are entering an owner financed loan, can you ask the current owner to transfer the current rental deposits over to you, or can you leverage it towards the down payment? I know in some states you are requi...
Looking to get funding for our first deal.We've heard about Lima Capitol at the beginning of podcast #167. What we want to do is get the pre-approval out of the way first so we can look at and make an offer on a renta...
This is just our second rental property, but I'm having a hard time finding qualified tenants. Am I setting my standards too high?2000 sqft house, 3bds, 2.5 bath with a community pool, nice North Phoenix neighborhood...