Hey All,So... we have been getting a ton of questions about land development recently. I have a feeling its because there is such a housing shortage and the flips just are not as good as they used to be. I am curious ...
New investor here. I’m stuck when I try to run numbers on a potential deal, how do you generally estimate rehab costs? I don’t know where to start on such topic.
Point and case:We just bought our 3rd house in the last 4 weeks.We paid $2000 each to 2 sisters that we reached out to for the house we bought yesterday. Yes $4,000 total purchase price.They thanked us when we conclud...
Someone looking at my apartment said her mom pays her rent. Would you allow this? Run her mom's credit as well, get proof of her income, and have her co-sign?
I read a recent article today. Wanted others thoughts on it.Mortgage Home Loan Crisis
I wanted to share what I have learned about transfer taxes, how they affect the value of homes, and ultimately your profitability. It can be tricky, so I wanted to share my research and some conclusions.
First of al...
Hi, I have purchased and absorbed several of the books and other resources offered by BiggerPockets, and combined with my personal preferences and abilities, have come to some conclusions. 1 - I am not interested in s...
@Jay Hinrichs once asked what is going to drive the next round of RE correction since there is no sub-prime this time...I would say this time, it is the political uncertainty, sudden shortage of cash, and sudden disap...
Hi everybody,
I'm looking to buy a property in my are (north Houston) as an investment. My plan is to do STR, but I am also making the LTR calculation in case STR does not work out or in case I do no longer have the ...
IRS released guidance yesterday saying that any PPP expenses that are forgiven are NOT deductible for Fed income tax purposes. In essence, the forgiven funds are taxable, in direct conflict with the Cares Act. Congr...