Greg Meech
Is it all just about the money?
So let me ask your opinion. Is it all just about the money? I’m not trying to sound like Mr. Wonderful on the Shark Tank, but why do we do real estate? I like it, I’m pretty good at it, and I make money at it, but...
Nadia Hale
Tenant broke the key and now wants me to replace the lock or key
Hello, so my tenant has bent the key while trying the lock . They say it is unusable at this time . Is it my responsibility as landlord to replace this key if possible ? I don’t even know if it’s possible to do so .Al...
Scott Shimala
Using the 50% rule. How often is this an overestimation? Under!
In the Ultimate Beginner’s Guide, they talk about the 50% rule. Half of all expenses come from mortgage and you should budget the same amount for repairs, maintenance, taxes, etc. I have not bought my first property y...
Faith Importico
1% Rule sounds cool, but is it real?
Recently a few buyers have said to me "For every 1% the interest rates raise, property values drop 10%"I do believe that raised interest rates correlate to price drops and a buyers market. However, rates have raised f...
John Drake
The Book on Flipping Houses
Hello, I'm considering buying the package deal with both: The Book on Flipping Houses and Estimating Rehab Costs, however I have one question. I'm currently focusing on wholesale, and I understand that a lot of what...
Tom Nguyen
Is it good idea to show Huge depreciation after cost segregation?
Hello BP.I wonder is it good idea to show huge depreciation = huge loss after cost segregation with 100% bonus depreciation.My CPA recommend not taking all deprecation because He/she not comfortable with all the pap...
Stuart Udis
Residential Financing Guidance
I am permitting two townhome style housing units on one lot to be sold as condominiums. That portion of the fact pattern I am clear on as I've built and sold condos permitted this way in the past. What I am not clear ...
Shaun Reilly
Rental Propety Tax Advantages
Owning rental real estate offers many tax advantages. I don't think anyone that has looked into the strategy for more than 15minutes would be surprised by that.
However it does drive me crazy when pe...
Benjamin Giles
Best Refi lenders for low value properties
Has anyone had success finding a NATIONAL OR ONLINE lender who will refi 80% for low value properties $99k or less? Also, at a reasonable rate. I have not found a true refi rate for loan amounts below $100k.I am curre...
Levon Turner
listsource
When purchasing an absentee list how long do you wait until getting a new adsentee list like do you purchase every month or every other month?