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Curious if i bought a rental in 2000 rented it for 5 years, then converted it back to primary and lived in it for 5 years(2010) and then rented it again how would you calculate depreciation? Does the 27.5 years reset ...
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Looking for some ideas. I am confident I can put this deal together but would like some hints. I have a lead where the owner is motivated to sell and the property needs some work, not a ton. The challenge is that h...
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Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $340,000
Cash invested: $340,000
Clearwater Beach in the distance - 6 units just up the road from downtown Cl...
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Hi,
This question is for commercial property owners and investors, but really coming from an ownership standpoint.
If you were to name your three biggest challenges that are holding you back from overcoming a key ...
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Just finished a flip and settled a week ago . Last night a strong windy storm came through and the buyers had some water damage on the ceiling and water on the floor of dinning room additionally some in the basement ....
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Hello BP!I'm going to be closing on a property perhaps next month. The property in question does not have water sub-meters, but I'll install them soon after closing. Currently the owner is paying for the water and sew...
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My wife and I are looking to buy some rental property. We have a home equity line of credit that we could use for a down payment. Our idea was that after the purchase we could refinance and take our HELOC money out t...
80k salary, 50% + DTI because of other investment, have two income producing properties, looking to grow. Any advice for finding financing? No backers in family/social circle.
Deal: SFR in Columbia Missouri. In...
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Just had a tenant pay a $500 deposit then claim that one of them accepted a job out of state and wants their money back. Of course after receiving the deposit I took it off the market and stopped showing it and turned...
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I own and operate a duplex and cash flow an amount I’m happy with. I’d like to increase my portfolio but don’t have the cash. I know someone who I would trust going into business with and wants to invest money into so...