Hi everyone! I'm a bit new to the community and appreciate any help here. Quick background: my partner (50/50) and I have done three deals, all very positive land/flip experiences. I've owner financed sold two of my p...
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Hello! My mom owns 5 rental properties. She is telling, me since her and my stepdad make over $150,000, she cannot utilize tax write offs until they sell the property. She is claiming that the write offs will be used...
Investment Info:
Small multi-family (2-4 units) commercial investment investment in Superior.
Purchase price: $193,000
Cash invested: $50,000
• Duplex purchased in 2018
• $50k down, 30 year term
• 19...
We have a great grad student renting our 2 bedroom duplex. He didn't meet the income requirement so his parent's co-signed. Now he'd like to find a roommate to share the costs. I understand the new tenant would need t...
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Is craigslist a good source to find deals? Maybe forsake by owner of market sale. Has anyone closed any deals through this?
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Hello Everyone,So I have purchased my first home, rehabbed it, and am now renting it out. I want to do this process again minus major rehab.My question is should I get an LLC now or wait until I have more homes?I am ...
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Hi all,
I can't use the @mention. When i type @Joshua Dorkin
nothing special happens (just looks like normal typing). Can't right click on it for special options. Tried on quick reply (in a forum, i can't see the...
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My friend and I have been talking about getting a place together and go half’s on the utilities.
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Is funding my SDI Solo 401k with tax return a prohibited transaction? Co mingling? Solo K is owned by my retirement trust of which I'm trustee. Thanks in advance.
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For example. In the BRRRR calculator a property would be -315 cashflow after refinancing but in the initial rehab part it cashflows up to 12%. So, my question is why does the monthly holding cost go up in refinance?