James Carlson
Westminster going to regulate short-term rentals
For those who care, the city council in Westminster -- just northwest of Denver -- is starting the process of regulating short-term rentals. Airbnb is currently illegal in the city. (Or technically, the city's ordinan...
Mark Forest
Pre made analyzer spreadsheet
Pre made analyzer spreadsheetI started to put together an Excel spreadsheet with some fairly sophisticated ideas in mind. I know Excel basics, but I soon got more caught up in the details of making the spreadsheet r...
Daisy Ferreiras
First BRRR; Final numbers
Hi all,Wanted to share my first deal. I did the BRRR method
Purchase Price: $92,000
Rehab: $35,000
ARV/final appraisal: $175,000
Doing a cash out refinance and was able to get 75% of the ARV. Since I only needed...
Devin Keener
How does the $150k AGI rule work for real estate tax deductions against w-2 income?
I'm new to real estate investing and own one rental and a primary residence. I recently found out about the separation between passive and active incomes and that there are rules about crossing the line on how you can...
Joe Mende
First Mortgage Loan Application..Help!!
Looking to get a little advice here as I'm in the process of buying a 2-flat here in Chicago. I recently filled out the loan application and there was a section that was titled "loan estimates" where it has Terms, Pa...
Nick Liddell
60k to invest... whats next??
Hello everyone,I am a first time poster and relatively new to the real estate investing scene but I am kind of stuck on where I should take my next steps.A little about myself:I'm 25 and purchased my first property la...
Johnathan Tristan Mathis
Is a business credit card worth it as Realtor for tax purposes?
I am debating on getting a business credit card to separate by personal expenses from my business expenses? Is this a good idea/worth it over just getting another personal credit card from a new company?
Angel Alcantar
Forming an Entity to get around a Rentals License
Hello.I'm not exactly sure where to post this. I figure the general discussion place would be a good way to start. I currently live in Mankato, MN. Mankato has a law whereby no more than 30% of your block can have a r...
Christian Ferreira
Need Subject To Deal Structuring Advice!
Good Morning Everyone! I want to start by saying I have never done a subject to deal, I have done some research and am currently digging even deeper as I think this may be a good strategy for a deal I am working on. I...
Jarrod Spurgeon
B.R.R.R.R. First Rental
Question: Say there's a house that has 2 units in it. They rent for $700 each. On the market for 90k. I think it needs approx. 15k in repairs. 90-15=75k. I offer 65k and they take it. So 65k+15k(repairs)+3k(closing)= ...