Hey all, I read the chapter on calculating CapEx in the BiggerPockets investing in rental properties book by Brandon Turner and it had CapEx at $182 and change per month. But I saw on a recent deal that someone had t...
Just purchased my home a modest ranch style, my question is , how do I go about buying a rental property I have 5k to invest into the purchase with a credit score of @ 668 I have no experience so detailed instructions...
Hi folks, I'm looking for ways to offset the taxes that I will owe on W2 income. I came across the short term rental designation that allows for asset depreciation to offset W2 income. This combined with the 100% bonu...
There are probably dozens of these posts on this site, so I apologize ahead of time.
I am a new investor, and I am looking into buying my first rental property. While I've always had my eye out, I hadn't really star...
OK, so I am a fairly new investor from Washington, DC an I am realizing that most of the worthwhile deals in the city are auctioned properties or wholesaled deals which require "ALL CASH" offers. Since I am fairly ne...
So I purchased an older home with good bones in a hot area of Nashville. The house is a great rental opportunity, however, the real prize here is the side lot since land in this area is scarce and demand is high.The t...
How would you solve this problem? Let me know your thoughts!I’ve had my eye on two boarded up, deteriorating residential properties built in 1919 and 1922, next door to each other, each on approx. ¼ acre lots, nice C...
How are we doing here?We Bought 2 matching Duplexes in Feb of 2014 and paid $332,000 (+ closing costs) for both of them.They needed approx $37,000 ($18,500 each) worth of rehabbing and were occupied with tenants pay...
Hi everyone. I have applicants (a professional couple in their thirties) to rent a single-family home I own. They seem like fine people - no reason to believe otherwise. Their combined income is 7x rent. Their credit ...
My aunt is interested in coming alongside us as a capital investor on a deal. We’ll be paying cash for a trashed triplex, gutting & rehabbing it, putting renters in two units, and letting our 19 year old son buy i...