Nicholas R.
Hello from New Jersey
Hello All,
I'm a beginning real estate investor in central New Jersey. I am employed full time. I own my home with about 40% equity, and was able to put a down payment on my mother's residence. Other than tha...
Ryan M.
Preparing taxes for future investor
So I have not begun investing yet, but hope to as soon as possible.I hear from a lot of investors that they buy their first property, and then have trouble securing loans for the next 2 years, because they cannot coun...
Brian Huber
Turnkey company recommendations in Kansas City
Hi, I'm interested in buy and holds in Kansas City, Kansas and wondering if anyone can recommendation turnkey companies there. I'd prefer people who have buy and holds chime in. I don't need the companies to self-prom...
Dan Hoehn
Xome.com Auction Winner?
I recently bid on a property through xome.com and was outbid. I have since moved on and now they are coming back saying that the property is available to me because the highest bidder has backed out. I have a strong s...
Avi Srimani
Advise requested
Hi,
I am looking at a four plex. I asked for Schedule E. I got for three years.
Last year shows as follows:
Rental Income : 20,000
Rental Expense 20,600
Depreciation 6000
Rental Loss 6000
Last three year the fi...
Casey Stuebs
Formula for finding value of small apartment complexes (What would I pay)
Hi all, this may be answered someplace else but I couldn't find it. Josh and Brandon mention when looking at apartment buildings you base the value off of the current rent price. Hypothetically if there is a building ...
Christopher Wilchensky
Laid off - looking to network / learn
Hello all. I’m looking for some guidance. Here’s a quick backstory (because I think it’s relevant). Also might be TMI but I think it’s important Currently 37 years old. I invested in a rental when I was 25 in 2007...
Matthew W.
Why does an appraiser need to know the price I paid for a home
Hey Everyone,I am getting my house appraised for a HELOC and the appraiser sent me an email asking for the amount I paid for the house. I own the home free and clear. I am curious why what I paid for the house has a...
Pamela S.
HELOC a no go after refi
This is my first post but I've been devouring information on this website for the last 4-5 months. Pardon me if I don't have all of the jargon down as I'm still learning. My husband and I decided we are interested in ...
Ade Adesuyi
House Fire Damage
Over a month ago, there was a house that caught fire which extended to my rental property. It only effected the siding of the house with some electrical damage. Also, the door got busted in by the fire dept. The ho...