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What’s the costliest thing that has happened to your rentals that you had to pay for? Did you sue the tenant?
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So grateful to have found this site and community! I have been reading and watching and listening to as much as I possibly can, and I'm just looking for advice on strategies for a newbie. Some background: I'm from LA....
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The recent fad appears to be multi family investing. Everyone, including publications, are talking about it and the gurus have been promoting it again. RE appreciation in many areas has taken off over the past 18 m...
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I recently had someone tell me that you have to pay transfer taxes when you assign a contract. Is this true?
I've done contract assignments and have never paid any transfer tax. In my mind, there is no transfer of o...
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He's very bullish on housing. He said he would buy millions of distressed rentals if he could. He cited prices and interest rates.
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I am researching investment strategies and keep getting pulled back to STRs. I know many large tourist towns and cities have/are enacting regulations that may make STRs out of reach for a single investor or company.St...
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A few questions...........To what extend does depreciation really affect a person's taxes/capital gains on a property when it is sold?Does it benefit or harm a person to claim LITTLE TO NO depreciation each year on a ...
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Hi BP,I'm looking to get a little advice on a "potential" issue that I am encountering during my flip. I have a SFH in north miami that I am currently flipping with my partner and we have been encountering a little bi...
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Hey Everyone,Just closed on my first flip in Maryland. The seller smoked heavily in the property, house is 1250 sq ft and is a rancher style. I was thinking we needed to remove carpet, scrub walls, and then prime, but...
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Ran across this deal on the MLS. Side by side 2bd/1ba, B location in West/Central Denver, listed at $450K. I did a quick analysis and cannot even get it to CF. I ran it as owner occupied 3.5% down financing, and as...