Ricky Gonzalez
Charleston, SC Market
I am looking at obtaining my very first investment property. I live in Charleston, SC and figured it'd be best to start locally. What is the average price point targeted in this area for rental properties? I am try...
Muhammad Sharif
Off Market & Flip Deals
Can anyone give me some good advice on how to find more off market and flip deals? I'm trying to buy 5-6 houses this month and I need to get the ball rolling quickly.
Angie Oshea
Valuation for Depreciation - Property was purchased under value
I have purchased a property for $10,000 when in actuality the property is worth over $250,000. How do I figure out the land vs. building value for depreciation on my taxes? There is not assessment because the proper...
Jennifer Delmore
How to estimate ARV with few comps
I am interested in small multi-family homes 2-4 units. How do you figure out an ARV when they are in an area with few other MFH resulting in no other listings or recent sales to compare to? In neighborhoods of duple...
Renee R.
Zillow question
Cheers!
I'm a newbie researching a property—a 3 bdrm condo in a complex. I checked Zillow.com to get a comparison. Zillow says 2 bdrm properties in the same complex sold last year for about $40K less than t...
Christy Glenn
Pre-Foreclosures
Hello, all,
I have been watching some properties going into pre-foreclosure in my areas of interest. Some have a auction date set and some have already passed the auction date. They are just sitting there.
I'm jus...
Robert Farris
Rehabbing primary residence for sell or rent.
Hi all,I'm new and would like to rehab my primary residence and afterwards, either sell it or rent it out.How do I figure out if it's more profitable to sell or rent?Who should I contact or where should I start?I've s...
Lisa Winklepleck
ARV Estimations Help
Hi everyone, I'm in the process of analyzing my very first purchase and am struggling figuring out the ARV of a prospective house. I understand that the ARV is the value of the house the bank/lender appraises your hou...
Paul Fagot
Heading to auction.. and owners deceased.. HELP!!
Found an abandoned property been mailing them for months then went to code enforcer office and they told me that the owner was deceased for a year or so. They also told me that the relatives don't want anything to do ...
Annette A.
how do you tax file a owner financed payments?
would that funds be filed under sche D as capital gains, but then how do you figure if there is any gain when its not yet paid?How do you file owner financed income?