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In the 4th quarter of 2011, I’ll bet you can guess which States had the highest percentage of foreclosure sales. Ok, now close your eyes and guess. Ok, now open your eyes and keep reading to see if you’re right…
Surp...
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Good evening,
My wife and I are plan on buying a home and after two years we will be relocating. We plan on renting this property out in our absence using a property manager. With only a two year time frame should th...
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A couple of firsts for me here on BP. This is my first post, so I am excited to get involved in the community. And I am posting about my first investment deal. Truth be told, this is not our first rental property, ...
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One of the most rewarding aspects of my job is speaking with investors about how to generate rental income from a tangible asset without requiring active involvement.A lot of people are familiar with the turnkey proce...
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Hello, all! Super newb here. I've always been interested in real estate, but have always felt it was something you had to have money to make money in. I know that's mostly true, but let me get into who I am a bit. I'm...
About close on my first house, was a hoarder house and going to need a lot of work. I want to hire a general contractor, I feel a good GC would help speed up the flip which would limit holding cost and help get a good...
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I have ran my own numbers and I feel like I am getting a really good deal here, but I would like you seasoned rehabbers to let me know your take on it.To give a little background....This is a lower end neighborhood, s...
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From what I understand there are four ways to make money from a rental property:
1) Cash flow - Pretty straightforward. Total money you receive as income is more than total expenses.
2) Appreciation - Increase in the...
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I hear about financing out of mortgages and loans often. However, what I don't know is when seasoning requirements generally apply. While I realize that non-conforming loans can choose their own restrictions here, let...
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Can anyone explain accelerated depreciation and when to use it? Any other awesome tax benefits to discuss?