I always hear the 2% rule as a guide line for rental properties. But I'm not sure whether it's 2% of your purchase price or 2% of the ARV. If the property needs rehab and the repair cost will make a big difference on ...
Hello BP and community,My name is Paul Gonzales from San Antonio and Im looking to phase out of my profession of being a Tile Contractor for 30 yrs, and start working towards Building on my Home Inventory.I plan on Bu...
I can't get a straight answer from my tax advisors-At what amount, $ wise, do you have to amortize vrs expense it out as a same year deduction?I have been using a $600 limit for expensing, anything over that gets lon...
I was just wondering what you considered your real estate investing accomplishment to date. Perhaps a very creatively structured deal or reaching your desired net worth. I would like to use your accomplishments to hel...
Hi hi :) My name is Jasmine Wilborne. I'm 25-years-old and absolutely hungry to start my real estate portfolio. In the next few weeks I will be working for Enterprise as a Management Trainee. I have absolutely no real...
I find deals all of the time in the state of VA and I am currently working with an investor who is interested in a deal that I presented to him. Since I found the deal, but is not putting up any cash however, works d...
Hi everyone,
I live in Nashville, TN. I'm looking to buy a couple income properties in Toledo, Ohio. I've been scouting on Zillow for the good deals, but it looks like a good amount of the properties that were recen...
Hi everyone, I'm a senior in college and will be graduating this December with a BA in accounting. I’ve been wanting to start my real estate journey for a while now and I have been doing lots of research about Real es...
Hello. I am hoping I can get some clarification and explanation on cash out refinancing. From what I have read and heard investors speak a lot about buying a property, doing some renovations and then doing a cash out ...
I have a person that has a couple properties he doesn't want to manage.From what I gather, the tenant used to work for him and as such they have a personal relationship that is causing issues. The tenant isn't the bes...