Hi, we converted our previous primary into LT rental in January 2022. It’s been rented since. Purchased in 2018 at $325k, it is now valued at roughly $410k. Is it too late to get a cost seg and take bonus depreciation...
Hey guys I’m new to the real estate world but I’ve been studying wholesaling for quite some time. I want to get a general idea from someone on how to come up with my wholesale offer on a duplex or sfh rental property....
Hello!Looking to get pre-approved for a conventional loan for my first property. Are there any specific questions to ask or anything I should look out for when speaking with the lender? Thanks!!
I'd like to pick the brains of everyone on what you'd do in this scenario:Multi-unit property is up for sale. Motivated sellers who are no longer in the area, which makes them even more motivated to sell. Property o...
I am 21 years old and am dropping out of school after two years to become a realtor. I am wanting to get approved for a loan but was wondering if I met the criteria for work history. For the past two years I have work...
Hi everyone,I'm looking to get my MA RE license. I know I have to start with the 40 hours of classes then proceed to taking the test. The state has provided a list of qualified schools (https://www.mass.gov/info-detai...
Hello... My wife and I are a military family. I'm retire after 20 years and she is still active duty. We have purchace four single-family house on our journey. Three of the houses are rental unit. We are interested in...
It seems to me that the flip rate, i.e. the percentage of home sales that are flips, can be a useful measure in taking the "temperature" of a market and as a supply/demand indicator. But, what is the best source for t...
I was reading a BiggerPockets book and Mr. Turner said when estimating expenses, you take the vacancy rate and apply it to the rent price and include that as part of your monthly expenses. So if rent is $1000 and VR i...
Evening BP,Has anyone gone through a commercial refinance/purchase in the Syracuse, NY area within the past few months for a multifamily apartment building? Specifically, I am looking for someone who has financed 5+ u...