Hi EveryoneNew to the real estate investment game. We have recently purchased two investment properties in MKE and would like to form LLCs for each and transfer title. The process seems relatively straightforward on t...
Does anyone know some Hard Money lenders with no minimum loan size?We are targetting some houses purchasable at $10,000, with another $15,000 in rehab and misc fees. Most HMLs min loan size is $50-100k though, so not ...
Getting close on our first deal! It's a REO SF brick selling for 69,000. Total rehab 889Sqft. 2bd 1bth. Lot size 4,700sqft. 2 car garage. ARV 130,000. Any advice? asking price?
Hey Folks, just wanted to share the statistics for the Tucson multifamily sector. -Average Price Per Door: $78,943-Median Price Per Door $53,333-Average Cap upon sale: 6.7%-Median Cap upon sale: 6.6%-Average Rents: 1B...
Hello, I just purchased my first duplex last month. What is your practices for preparing for tax season?Should I scan all receipts, keep in a folder on my desktop? or keep a binder of all receipts?Is excel good a goo...
Does anyone have any experience with depreciating a tiny home? I am looking into acquiring a tiny home for a STR and want to understand what depreciation benefits I will have, or lack thereof.
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Hey BP,Here in California, deals I am underwriting (usually 80+ units) are seeing 4.35 to 5.5 on the top end. Out of curiosity, what are you seeing in your cities of investment?
Does anyone here own a short-term rental in Kissimmee near Disney? Curious what kind of rental income you can get for a single-family house. Taxes, HOA and CDD add up quickly to 20k+ a year. The market is saturated th...
Hello BP,I apologize for this late introduction post!My name is Mitchell and I'm a CPA in the Philippines and in the States. I moved to Orange, California in 2014 and currently work for a mid-sized accounting firm. I'...