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Hey everyone, I am looking at getting into REI and figured I would start with investing in Tax Liens. I was hoping to get in touch with people are are located or have invested in Tax Liens in Georgia. As this is my ve...
Detroit mayor Duggan says HGTV's Nicole Curtis was 'scammed' in house dealDETROIT (AP) - The star of HGTV's "Rehab Addict Rescue" apparently was "scammed" when she bought a blighted Detroit home from someone who wasn'...
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So I close on a multifamily property on Friday and one of the upstairs tenants smokes...my lease is non-smoking. The tenant has been there for 2-years and has good payment history. I will have them complete a new appl...
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I was wondering what is a good price to look for when purchasing a multi unit. What should the average price per unit be? I am under contract to buy a duplex for 99k and was wondering if 50k per unit is pricey.
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My apologies for the simplicity of the question. Why exactly, does a rising interest rate diminish the appeal of owning real estate for the purpose of renting or flipping (for investors)? One can assume this is due to...
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I’m new to commercial financing. I am interested in this commercial property that requires some repairs but the owner wants cash / hard/ private finance. I am assuming someone tried to purchase it but finance didn’t ...
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Greetings,My wife and I just got rid of our first (inherited) tenants, thankfully (we did a non-renewal of their month-to-month lease). However, they were on a nonsmoking lease (with the prior owner as well as the new...
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We bought our property back in January. Our goal is to buy a property a year so I thought it was a good idea to open a LLP to manage said properties. recently we discussed this with an accountant and he said there wer...
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The property that I rehabbed hasn't sold yet in which I had to extend the maturity date with my Hard Money Lender. The problem is that I have to pay an additional 1.5% monthly on top of the annual interest payment whi...
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Hey BP! What are some ways I can reduce my tax liability on my rental property? After reviewing my taxes, I earned $26,400 in rental income on my property, and all expenses (mortgage interest, repairs, depreciation, i...