I am considering renting out my primary residence (3bd/2ba) for the Superbowl - we are about 20 minutes from the stadium, and about 25 minutes from other events happening around the same time in Phoenix, AZ such as t...
Hi, im new to all of this and i wanted to ask a few questions about some things.First about me. Im a 18 almost 19 year old boy. I live in Bellevue, Washington and i want to get into real estate investing and also beco...
Since tax season is coming up in a couple months, I want to make sure I understand my optimal tax strategy.
I will be claiming the standard deduction (12K) on my personal tax filings. No way I can match this amount w...
I purchased a 3 bed/2 bath bungalow one year ago for $20K with the intent to flip. The home is located in a part of SC that's hard to find available contractors or help. After a month of searching, I found a unlicens...
Is there a recommended book out there that does a good deep dive into proper due diligence and other important items like determining reserves? I've closed on a 4-unit before and I just got under contract for a 5 uni...
Hello all,While I don’t have a rental of my own yet I’d like to see if you all can help with my friends unit. He has a tenant that has stayed in the unit for 9 years and is moving out. Issue is he only had him sign an...
How to Gage Economic Conditions
These are ways to determine economic conditions:
- Local Sales Tax Reports - paying close attention to the major factors affecting the major employers
- Auto sales - dig down to le...
Hey BP community, I've been trying figure out the best strategies for managing my days that already seem short. Between family life, a full time job, reading every book and listening to every podcast about REI, an...
I'm curious to know and understand whether or not you should still consider Total property tax and Mortgage payment as separate expenses on the "4 square method".... in the case that you are having those taxes escrowe...
After an appointment has been made to get a contract signed with a seller and you begin viewing the property general rule of thumb for determining your sell price is 65-70% ARV minus repairs. What is the best practice...