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If I purchase a home for $25,000 cash, then spend $15,000 to fix it up, then refinance at an appraised value of $100,000(just an example), would depreciation be based on the $25,000 plus improvements or would it be ba...
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Hi AllI live in NY, am thinking of purchasing a condo as a rental investment in DC, near metro, long term buy and hold. Would appreciate advice on the following1) Can you recommend safe and good neighborhoods that ar...
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I have been contemplating going to get my Realtor's license for a while now. After my waiting a few days, for my realtor to get me comps back, for a property that I was looking to purchase and then finding out the ...
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Hello, am looking for an experienced and investor friendly agent in Charlotte, NC. Any recommendations?
Please send me a private message or post here,
thanks
MJ
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I have an RE Investor friend who has 30 years successful experience in Fix & Flips. She needs some additional rehab funding to finish a project. Details are below. She's waiting on my response or counteroffer. I...
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Hi Folks,
I want to thank everyone who contributes to this board. I have found the information to be very helpful in understanding the business and really appreciate it. I am interested in buying residential REO pr...
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Hi All, need some good advice here.Is it wise to sign a new lease with a new tenant the end of this month amid COVID 19 eviction Moratoria law in Florida?It sounds like almost any tenant can invoke this law and avoid...
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I have a chance to purchase a 1 bedroom condo for $47,500. Condos in this building rent for between $750 and $800 and it is a nice area. The one drawback is that this building allows smoking, which could be a turn of...
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Hello Bigger Pockets!I have recently been placed on a 12 week medical leave from my job. Having a great deal of time on my hands, I want to get my real estate license. I attempted this a year and a half ago and did no...
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Does anyone know if Charlotte, North Carolina imposes higher property tax if you are owning the property as an out of state landlord?
I was told the typical or average property tax rate in the area is approx ...