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Hi all,Situation: finishing 100% short term rental on second structure on property of current home. Should rent for neighborhood of $200/night on average and is available 100% as soon as we finish, hopefully before ...
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Since I've started down the path to financial freedom, I have began to look at money differently .I've become more aware of the flow of money, and how it can be used as a tool to achieve my ultimate goal - and also th...
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Recently purchased my first turnkey rental and started making payments on the mortgage. Mortgage is about $134,000 at a rate of 4.875%. The property has a positive monthly cashflow of about $300 before factoring in ...
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If I have an out of state absentee willing to sell me their property, how would I estimate the repair value of the property? Are they going to mail me keys so I get into the house? How do people typically get into the...
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Hello BP,I’m just learning about 100% bonus depreciation and how Trump pays no taxes… who qualifies for that? Does the property need to have an LLC in place? Does it matter that I purchased with an FHA loan? Do you ha...
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A new article came out showing Philadelphia investor saw the largest capital gains on their flip of 136% and Montgomery County seeing 78% gains (ranking 12th in the nation). The numbers they provided for Philly were a...
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Just getting started… and so much to learn. We bought our first property at a foreclosure auction with plans to turn into a rental. Single-family home with large yard, as we learn, now rethinking our strategy.
If we...
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Question: Do people generally scale in and out of the market, i.e. take profit, buy low, sale high sort of strategies or always buy and hold. If you turn over properties and convert gains to cash how do you set your...
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Hello,I am planning to selling my investment property in NYC cost $721,000est. selling price $1,000,000mortgage left $350,000accumulated depreciation $100,000And buy an investment property with a value$400,000The rema...
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I have a friend who's parents own some real estate investments. I was speaking with his father the other day and he was talking about wanting to sell some, but doesn't want to get hit with capital gains. One of the pr...