Hi BPers,I'm in the processing of hiring my cleaner for my first property. Does your house cleaner normally give you an invoice after every clean? Probably for your records, it would make sense to have invoices for al...
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Hello everyone! As an active duty service member, I am looking to get in to real estate investing. I would love to gather any advice or words of wisdom from anyone who has started investing in real estate while still ...
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So,
I'm a new investor and reading a lot but haven't seen a direct answer to this question. Currently I have a good paycheck, excellent credit and low 6 figure net worth(approx 75% liquid). Getting mortgages shouldn't...
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I keep reading that when you assign a contract everyone will know how much you are making.I do not understand how.Please tell me if this is valid.Lets say I have a property under contract for 100KI am selling the cont...
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Hey BP world. I have a smokin deal waiting for bank approval for short sale offer. All my ducks are in a row except proof of funds. I am getting private money to fund the acquisition but I am pitching this deal to a f...
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Does this work?Find a vacant house and contact owners.They've been kicked out by the bank under power of sale.I feel that the house is worth 150k as-is, 10k in updates (not big repairs) could make it fit into the 190k...
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Full story below: Skip to the bullet points for the tl;dr.I purchased a few properties to be a rental properties from another landlord, who is something of a slum lord and was willing to offload some houses that need ...
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I'm considering a self-directed IRA but have a few questions.
First, If I purchase a house outright how do I calculate ROI? Is it simply (Monthly Income - Expenses) * 12 / Purchase Price?
Second, since I pay Taxes,...