My wife and I make a combined household income of approximately $400,000 from our 9-5 jobs.I understand that certain tax benefits are eliminated or reduced after you cross higher ordinary income levels related to real...
According to preliminary data from the NAR (National Assoc. of Realtors), the number of investment properties, as a total percentage of total home sales, is declining. Put another way, investment properties made up...
Good day my Good people. My problem is my mom has a HELOC on a property that is quick deeded to my wife. I am trying to figure out what do I need to do to get property transferred over to my LLC and cash out refi for ...
My plan is to buy a property cash approximately $40k-60k range requiring about $25k-30k worth of rehab with an ARV of approximately $115k once work is complete. Monthly rent in the area I am searching is $1050-1200. ...
The investor’s portfolio I am advising currently looks like this:25 SFRsValue: approximately 1 million All properties owned, no debt Monthly cash flow: approximately 10kWhat are the best options for this particular in...
Hello everyone I was looking into purchasing a quadplex rental and after inspection finding out that the coin operated washer and dryer was connected to one of the units and one of the units was paying for it all. I w...
Hi BP! I need some advice regarding my neighbor/developer who is building a large multi-unit adjacent to my lot. Their new construction is below mine on a sloping hillside, and they want to build a concrete wall along...
Hello. I’m a single mom, with a 6 year old daughter and a 5 year old Autistic son. I own 5 properties including my personal residence. 3 of these properties are owned free and clear, the other two have mortgages. Howe...
Hello,
Wife and I are 26/29. We make approximately ~170k in W2 in DFW.
I have a paid off rental valued at $330k. I can cash out approximately $240k at 3.5%. However, closing costs are about $8000. Property rent is $...
Hello,I'm looking to purchase a older home in the Canton area then, I would like to renovate and change the layout into a MFH. I'm more worried about the permitting process/architectural plans. Is there any reason Bal...