The new tax law starting in 1/1/2018 states you’re now capped out at $10,000 for SALT. There is no distinction between investment and home ownership in the law. That means you can’t legally deduct anymore then $10,000...
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Here's my situation:
I am attempting a wholesale deal from a highly motivated seller to a rehabber. Looking to close ASAP, possibly next week.
The seller has assured me there are no title/mortgage/lien issues. So ...
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Hi everyone,
I'm considering investing in an older multi-family (~100 years old) around the Boston area. I only have experience with significantly newer properties and want to make sure I run the numbers correctly. D...
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We used to do all of the unskilled labor, plus a few skilled things, ourselves. But, we have come to a point where we have to start hiring things out.A few weeks ago, we had a painter paint a property. He did a wond...
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General statistical data available through the Las Vegas MLS and others do not include rental information. So, we developed our own capability to extract and display SFR rental data for the area we target and a proper...
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Hi All, I'm new to REI and hoping for a little clarification.Quick background - I'm looking at 10-25 unit apartment buildings. I found a 10 unit building with 2 retail offices on the first floor that has potential. Th...
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Wanted to get the opinion of other folks on here. I have a property that I have a long term tenant in. It is an older couple and they have been there almost 10 years. I have only raised rent one time in the 10 year...
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I came across a women who was liquidating her rental property. She had 10 properties...duplexes, commercial building w/ 8 rental units above it, sfr's, quadplex, 8 unit apt comlex etc..My business partner was interest...
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Hello all. First time poster, long time lurker. Investing for nine years. I own two duplexes in SW FL that I purchased with conventional financing. My debt-to-income ratio is tapped (49.8%) from my lenders perspective...
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Is investing in condos always a bad idea? For example, I have heard of people having lots of problems in condos with 100+ units, and very high HOA fees. But what about a condo in a 12 unit building? Is this still, ge...