first - the title is wrong: there's 12 doors, 8 buildings.next - i've run the numbers at current rent roll and estimated repairs plus cushion (because, really, how often does a rehab exactly match estimate at purchase...
The plan my partner and I have is to use a wholesaler to find a distressed single family home with an owner who is willing to do seller financing. However, we will only consider a property if it is priced at 70% of th...
Good Evening Fellow BPers,I have a 35-unit property that I put 10% down on, and the seller carried the other 10%. This is coming due next week. The seller is telling me that no legal work is needed once the funds ar...
Hi, I'm Carrie and I live in Charlottesville, VA. I'm interested in educating myself about rental investments in particular. I'm looking forward to getting to know everyone.
Hello BP!I'm trying to file 2022 (I know, I'm late) and I have a question on flexibility in deciding when I can use capital losses. I want to take advantage of the 0% LTCG rate up to 90k-ish MFJ + standard deduction, ...
What's the best site for background checks and credit checks?
Quickbooks and I DO NOT get along.... Any other software out there more user friendly?
I’m working with a seller that I know owns the property free and clear. I’m thinking of asking them to carry a portion of the purchase price and using hardmoney for the remainder the purchase and rehab. I’m sure I’m n...
Is it worth my while to invest in a rental property if my AGI is above 150K, and of course, I cannot materially participate in the upkeep of the property because of distance and time constraint? Is there something I c...
An owner is willing to deed me his house. The recent appraisal is $236k, The balance on the note is $207k. I'm thinking of having him deed me the place, market it like crazy and get it sold. I'll do a title search....