Hi everyone, I'm having a hard time deciding how to allocate my budget towards flipping and wholesaling. My goal is to have 2 properties flipped by the end of the year. I'm planning to put somewhere between 30,000-40,...
Can I use the profit from the sale of a business (store and grill) for a 1031 exchange? The buildings and 1.79 acres are included in the transaction. Thanks in advance for your help.
As we enter this uncertain period, one of the questions I’ve been thinking about is, what happens if my tenants stop paying rent? In fact, I’ve already had two tenants let me know that their jobs have shut down. I bel...
As I learn more and more about home features and what turns the best profits, what to allocate more of the budget to than other areas, etc, I would love to hear from YOU all in regards to what features in a new home t...
I am preparing to complete a cash-out refi on a BRRRR property. It *should* be enough to get every penny back (not accounting for my own sweat and tears, unfortunately). A good portion of those pennies came from a per...
When Considering Paying Off a Mortgage Early
It would be nice to own a home free and clear. After all, paying off a mortgage loan early can save thousands of dollars in mortgage interest payments. But what are the ...
I've been house hacking for over six years-- it's been a great source of side income for me and I've hit a wall when it comes to increasing my loan pool due to my debt to income. My loan officer says I need to report...
I have 18 residential units and have been using Quicken Rental Property Manager for years. It does a good job on the accounting and downloads from my bank easily but there is no property management functionality. I ...
Looking for a reputable resource for Foundation Repair. I have a SFR in need of possible Footings to be replaced under a Master Bedroom wing of a home. There is a crawlspace directly under-that has visual stress crac...
Curious to see how everyone is allocated between Real Estate, Stocks, and Cash, and cash in hand / debt ratio in 2015.No one needs to share their actual numbers, unless you want to, but just percentages.For example, i...