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I've been dividing my monthly rental income into 3 buckets.
Bucket 1 goes into repairs for the property
Bucket 2 goes into the mortgage payment
Bucket 3 goes into future investment savings (MM acct due to higher ...
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Modeling a potential [transaction] scenario and would appreciate feedback/insights on legal and/or tax implications as well as whether each of the options for the overall transaction makes sense ...Property 1 is value...
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Good afternoon BP community! I have a question for you experience investors who are familiar with hard money loans. I have a house in San Antonio that I plan on buying November 12. Here are the numbersPurchase Price =...
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Hello Everyone
I currently own my primary residence in Chicago in which I got the house for 175k and I currently owe a little under 120k. I have been in my home for eight years and I want to invest in another propert...
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Looking to buy at Sheriff's Sale in Lancaster county PA (for the first time). Found a property I'm interested in... have done title search etc. I have a few questions regarding this..."All applicable realty transfer ...
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Hello all,This is a topic that has been covered multiple times but I needed opinions on my personal situation.I am currently debating whether I should leave my current corporate America job to work for a real estate i...
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I purchased a house in a neighborhood with a strong rental market. I bought the house with an FHA loan so there is PMI on top of my mortgage payment. If I were to move, it wouldn't make sense to rent out the house b...
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I am curious about this approach. I am still considered new to the investing game. I moved to Atlanta from Memphis TN about 5 years ago. I started out strong with real estate in Atlanta 4 years ago and did it for abou...
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I’m small business owner with no w2. Only loan I was able to qualify for my primary home was “business statement loan” with 6.25% interest rate. I purchased house 4 months ago and I put down 20% down on 149k house and...
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Bought a house mid 2015, did rehab work on it over several months, sold it in 2016 at a total loss of $25k or so.My question mostly is whether that loss can be depreciated or carried over several years, or has to be t...