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Hi everyone, I need some tax and legal advice in my situation where I have been incurring a good amount of unexpected expenses, and after some research tax rules seem to allow up to $25K of write-offs a year, but is p...
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Hi,
First post here after reading amazing content by you guys.
I am thinking of assuming a mortgage by the owner in a city in NJ. The owner bought his house in 2002 with a normal interest rate but lat...
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Hi everyone,
I am working on my first commercial property. I plan on buying it with equity I have in other properties (Heloc) and later refinance to get the my capital out. I am trying to estimate what the property w...
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Hi all,
I'm doing a cash out refi, and the appraised value is "okay", but I think it's off by about 20k; which makes a huge difference in the cash out value. Essentially, there are 4 adjustments the appraiser is doi...
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Hello Everybody,
Long story short I have around $120k to start my real estate investing journey. My goal is to become a full-time investor in the near future. I've been studying the game for around 2-3 years now, so ...
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I'm about to close on my first multifamily property in 2 weeks! I am buying the property because it is a growing area and current rents in 2 of the 3 units are much lower than they should be, but the catch is that all...
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Now that Zillow Rental Manager is going to start charging $9.99/wk per property, what is everyone planning on using? Is Zillow still the best avenue for advertising rentals?
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I have a 4 unit multifamily in Chicago and would like to upgrade the vacant unit. The unit is large (1750 sq ft) and is a 3bd/1.5 bath, but the building is old and the units don’t have a/c or dishwasher. PM thinks i...
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From everything that I've read so far on BP and abroad it seems like there is a questionable argument for LLCs vs Umbrella Insurance. So, let me start by saying I have my first rental property and am looking for the m...
Deciding when to sell a rental property can be one of your most challenging decisions. The problem is that real estate markets are constantly changing. Selling a rental property too soon could mean missing out on a pr...