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With the BRRRR method, how can you own 10 properties or more and not be effected by “ debt to income ratio”?
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I’m in process of filing my 2018. I’ve done few flips last year and put majority of what I made into the next flip. All have been cash transactions. I asked my CPA about capital gains since I’ve put most back into...
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Hello fellow analysts,Performed a rental analysis that could also serve for a prime house hacking property. Used the four square method.Fourplex - Garland TXListing Price - $480kDoes this make sense?Any possible tweak...
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Hi All,
In order to calculate the depreciation of a property, I need to separate the cost of the land. Any advice for how to caluclate the value of my land on a property?
I'm working on filing my taxes and need t...
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I have two family members willing to contribute private money on a flip. How would the following situation work out legally? And how would you consider the profit sharing in the end?The funding would go as follows. (U...
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Hi. We are the buyers. We went to sign contracts with the lawyer and the sellers tried to pull a shady move. They wrote in the contract that theywill not credit us the $500 for property condition. They wrote that is w...
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I would like to start off by saying thank you all for providing such a wealth of knowledge on this site and via the podcast. This is my first post and it definitely will not be my last. A couple months ago i was direc...
Hello everyone, My name is An Nguyen and I am living in Philaldelphia, PA. I have a question about one fixer-upper property within the area that I am looking to self-renovation with my father in law. Detail of the pro...
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Hey my friend and I are rehabbing a little 1500 sq. ft. 1950's home. Its a ranch and the roof is fine, no warping on the wood, no shingles missing or broken, no leaks. However they are grey, faded and very ugly. I don...
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Hi all, I'm looking for some guidance. I just closed on a new condo unit 30-days ago, and was told from the Title company the association dues are around $230. Fast forward to today, I found out that my Association du...