How do I introduce myself to the seller without saying I'm an investor?
Hello everyone,I have a tenant who has been asking to make upgrades to my rental property for some time. The most recent upgrade question I've gotten is due to their dog ripping out brand new carpet in the upstairs. T...
Hi All-
So I purchased my first rental property 2 years old. New construction townhome. My question is about Tax write offs. So my account has told me to not take the yearly depreciation on the property for my taxes...
I searched the forums and couldn't find this answered anywhere. So...quite possibly this could be a ridiculous question. Im working on a wholesale deal where the seller wants to dump over 15 SFH properties. When it co...
In the third and final segment of Real Estate Tax Deductions, I want to discuss At-Risk Rules, Basis Issues and Excess Business Losses.
At-Risk Rules
An At-Risk rule is a tax shelter that limits the allowable deduc...
Doing a cash-out refi on my primary residence. My plan was to use the proceeds to fund the downpayments on turnkey rentals. I stated this upfront when first talking with the lender. But now that we're almost to closin...
Well after about 3 months of education (reading, podcasts, webinars, BP forums, and REI meetings) I finally have sent out my first set of Yellow Letters!!! I made a goal to start mailing 25 letters per week which i...
Forgive me as doodle as I just felt like writing. I read all types of comments from both side of the line of real estate agent and investors. As always there is always two sides to every story and everyone has an opin...
where can I get proof of funds for my REO flips?
I'm beginning to speak to a few hard money lenders for the first time, but they all kind of tell me something different when it comes to the best way to draft a purchase offer. What is the same is that they will give ...