Dear Wise Investors
I am currently looking to get a hard money loan on a SFH that I plan to rent out in Missouri.
ARV: $85,000, Purchase price: $58,000, Down payment: $8,700, Loan amount : $49,300, Cash flow: $2...
Hello! I’m new to the real estate investing game in the Charlotte area and I could benefit from having advice from more seasoned investors. I bought my first condo as a primary home 9 years ago for 109k with the goal ...
Without a Cost Segregation Study, this $900,000 Office Building in Kalamazoo, Michigan purchased in 2021 would have generated first-year depreciation of approximately $23,000 By applying a Cost Segregation Study, th...
Just got my second flip under contract with my third in process. Now that I’ve got some more cash, I want to invest in a cash flowing short term rental in a vacation town. My aunt and uncle live there and their STR is...
Hi Everyone,
I’d like to potentially invest in a property and would like to ask for advice/feedback on the potential purchase.
The property is in Las Vegas, Nevada. I’d be submitting a 82K offer with 20% down as a...
When it comes to the real estate business, one document is crucial: the operating agreement. It's the plan that describes each partner's roles, responsibilities, and remuneration structure. A detailed operating agreem...
I just bought a new home as a primary residence. I use 2/3 of the home for short term rental on Airbnb. Am I allowed to make tax deductions on both - 1) Mortgage Interest, and 2) Offset my passive income with STR (onl...
Hi all,
My husband and I are in a position to offer our first owner financing deal! School me on any experience you've had as far as terms and conditions go to help us structure a deal where our bases are ...
My fiancee and I are currently living in the house of her recently passed grandfather. We want to buy it. We can't afford the whole mortgage right now. Her father and mother are the executors of the estate, but her...
hello!
I’m working or attempting to work with a contractor who wants $1000 deposit before he’ll give me a breakdown of the renovation. I gave him a list of updates and he quoted me 60-75k. I asked for a breakdown so ...