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I have a brand new build near Old Town Scottsdale. I am trying to decide if I should furnish it and short term rent it out and take advantage of the peak season or just take the sure thing and long term rent it and no...
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I just passed my Maine Associate Broker's exam yesterday as my wife and I are relocating to Maine later this year. Not sure where, but most likely somewhere between Freeport and Boothbay. As I understand it, east o...
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When investing do you look for appreciation or cash flow. Whats a good cap rate?
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I have a very good problem. I have a ton of deals varying from flips, land developments and folks who just always call me because I have invested my character into that "Do The Right Thing" business model and I ju...
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What is the best way to get an accurate cost for rehabbing properties? I'm just starting to do wholesaling. I'm working on getting my buyers' list together. What I'm concerned about is checking out other peoples' p...
I am analyzing the potential purchase of a Connecticut multi-family with a dental practice on the 1st floor and a residential tenant in the 3BR on the 2nd floor. My husband is a dentist, so we feel comfortable having...
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Hi All!So I made it a goal to buy my first buy and hold in 2017 and established relationships early on with a realtor, PM, and a tax adviser. I ended up purchasing a property in the South Wedge (Rochester, NY) directl...
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I'm putting together a simple LLC to bring a partner into two 4 plex's I'm buying. I typically pay a 40% tax rate so I always include the annual depreciation amount x 40% as part of my cash return. If I'm doing an LLC...
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In a recent deal in Cedar Rapids I acquired a large vacant lot along with the parcel the house sets on. The lot has frontage and 2 separate streets and was able to confirm with the zoning department that I could spli...
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I'm by no means ready to invest just yet. I am still doing research and saving $. In the mean time I'm trying to learn as much as I can. What is the best way to account for repair costs on a house? If I see a house fo...