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I'm looking at a small multi-family in the Pittsburgh area. It's zoned correctly on the county website but the seller does not have occupancy permits for the units. If the seller is unwilling to do the work to get the...
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My aunt had purchased my grandmother house after she passed away fix it up and is ready to pass it along to me.The problem is, when she brought the house she paid $370,000 for the house, almost full price of arv. The ...
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I bought a 1400 sq ft 3 br 2 bath HUD home in late 2012 for ~$130k after closing costs in Puyallup WA on a 15 year fixed mortgage at 2.875% interest. (Why 15 year? Wife listens to Dave Ramsey and the difference was on...
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Hello, After doing some reading and listening to multiple podcasts, it is obvious that the IRA Act has lots of improvements for retirement savings. One things that does NOT seem to be clear, at least to me, is how the...
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When doing the brrrr method can you write off your rehab cost on your taxes
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I just recently finished a property for my rental portfolio. I acquired it at $50,000 and I put in $15,000. The common mistake I find with a lot of investors is that they don't invest the right amount in the propert...
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Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $3,250,000
Cash invested: $1,400,000
Purchased a 103 unit mobile home park off-market at 55% occupancy at a 9...
I am looking to buy a multi family property, however, the price that we would buy it for is ~$150k higher than the assessed value. The numbers still work with decent cash flow numbers. My question is, if we buy the pr...
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I'm in the process of running the numbers on property that I'm interested in AZ. I do have an agent. However I'm running into a road block with the numbers. I don't have the 20% down so, my plan is to do owner occupy ...
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Almost all taxpayers are impacted in some way by the new tax law introduced as the Tax Cuts and Jobs Act of 2017 (TCJA). Individuals, LLCs, LLPs, LPs, and corporate entities alike now seek to identify key and relevant...