Got something from my insurance agent today that says they added "loss payable provisions" to my rental property policy. It's making my head spin trying to understand it and I'm usually pretty good at figuring out wha...
George Bailey's wife buys a haunted-looking fixer-upper house that’s been sitting vacant for "20 years"in upstate NY... It needs about $125k of full rehab work in todays dollars... I think she gets the place for penni...
I found a really good deal in West Michigan, it's a sizable property that could easily be converted into a two family home. I'm wondering what to do next? I would personally love to buy it to house hack but I am alrea...
Short story of my past. I bought first property at 19, that was a foreclosure home, had that for 4 years and sold it. Then again at 27 bought my second property, it was duplex, lived in it entire time, just recently s...
hello everyone i have a question so currently my wife has a fha loan but im not on the loan or the title so it got me to thinking is it possible for me to get a fha loan under my own name? I know it gets tricky when y...
This was a very slow year for us on flips. We did only 16. From 16 we only sold 14 and 2 were sold to rent to own tenants.Margins ranged from minus 3k on one :) to 23k on most profitable one.What are you guys making?
House for sale at $55,000 with 10% down. 30 years at $246 a month and $85 a month in taxes. It's currently renting for $670 a month with a tenant that's been in it since 2011. The home is 4bedroom and 2 bath built in ...
I have a couple of rental properties now that my son manages and I pay him for that, but not sure what the correct legal way to do that- do I send him a 1099 for work performed? We are also looking to expand with him ...
Hello,My name is Josh Netz and I am new to real estate (Lancaster, PA). I'm not exactly sure what the end goal is per deal, but I'm hoping to find great deals then wholesale the house, fix-n-flip, and buy-n-hold few f...
I have recently partnered on my first commercial property and am unsure how my taxes will be effected. Currently this property has been a rehab so far 45k using our own funds (Property will pay back starting 2024). Th...