I recently purchased a duplex at a St. Louis City Tax Sale. The preliminary title report showed that there is a Federal Tax Lien attached to the property, which doesn't automatically get wiped out through the Tax Deed...
I am in the process of fixing up a guest house in my back yard. There is a good chance I won't be able to rent it until early next year. Will I be able to write off the materials I used to fix it up this year on my ...
There are so many ways of financing development projects, each has its advantages and bring certain limitations, as newbie to seasoned investors, developers or finance professionals, Are there any proven set of guidel...
good morning guys, I apologize for the slightly off topic question but I needed expert advice. M wife and i are thinking of converting our outdoor patio to a screened in patio. Are we we adding value to our propert...
Hey guys,My sister has a nightmare tenant in Santa Clarita, the apartment is trashed, tenant had animals and it's been deemed unlivable conditions. Just totally gross, I'll spare the details. I'm trying to help her fi...
Hi folks,I recently purchased a 6-unit residential apartment building using commercial financing and 25% down. Of the down payment, 70% came from a HELOC on my primary residence (owner occupied 3 unit).Unfortunately, ...
I have a 7 / 23 ARM which will be expiring next year. With all of this volitile issues with mortagages I am wondering what you guys think of me either refinancing now for about 1.2 points higher than my current rate o...
As a new investor with little access to capital I am constantly hearing the phrase “raise private capital”. I don’t come from a rich family and don’t know any wealthy people to borrow money to invest. Any solutions to...
Hey Happy Holidays BP! Looking to close on a small multi next week. Anyway, I met the current property manager at the house the other day and he leaked some info regarding the tenant downstairs being behind on rent....
Hello, All. Putting in a bid on a 10 unit apartment building. Following the BRRR formula, I will be looking to improve the property, raise the rents and refinance. My question is what improvements will give me the m...