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Hello- I am trying to build a proforma for a specific property but am seeing a HUGE variation in what I should be using as expectation for Maintence and Repair costs, Utilities, and reserves.
Also- CAPEX reserves.
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Hi all,I just sent out a postcard campaign marketing my Realtor services to over 500 people. Even though some people claim the average home owner relocation time-frame is around 5-7 years, I ran into the following stu...
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I've noticed that Auction.com/Zillow lists properties with upcoming dates. Before, you had to be ''in the know'' by constantly checking a purchased list. Now there is plenty of time to get a title search done and chec...
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I've spent the last year or so learning as much as possible about real estate investing and I'm ready to dive into buy and hold. The point I'm at now is shopping for the best HELOC I can find. I believe I have about 7...
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Hello,
I live in California, and bought my first investment property (SFH) in Peoria, AZ. Looking for guidance from the powerhouse of knowledge that this community is. Trying to educate myself on all the rules that ...
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Hello everyone, my name is Luis Marin. My wife and I purchased our second home and what we believed to be are dream home at the end of 2023. We have $400K into the property between Down Payment and Renovation. After l...
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After reading The Book on Rental Property Investing three times and searching daily for five months, we believe that we are close to closing on our first single family home that is 700 square feet and in very good con...
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Hi BP Members,Thought I'd get everyone's thoughts on the current market. Are we heading into a real estate crash/correction? I've recently noticed that the amount of inventory is starting to pile up in my area and som...
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Hey BP, Ive finally found a small multifamily here in the Hampton Roads area Virginia. It's a small duplex built in 1953 that is in very good shape. I plan utilizing my VA loan and owner occupying for the required yea...
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Looking for some advice on finishing my 2020 tax return.
Here is the situation:
In 2020 I became a realtor and also acquired an investment property. 2 different activities that need to be reflected on my tax retur...