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What is the appropriate way to handle depreciation, tax destructibility of interest, taxes, closing cots, and utilities when you are house hacking a 3 family? Purchased in April 2018 and also understand there are som...
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I was told I cannot use an FHA loan for an owner occupied duplex if I already own a property within 100 miles. Is this correct? If so, how else can I finance an owner occupied duplex without putting down 20%. I feel i...
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Hi guys, I'm new to this site, but here's a question. I have 3 properties, a total of 17 units that have positive cash flow, but I can't get any interest from buyers because the forclosure market is killing values. T...
Has anyone dealt with this company successfully? They sold me a house that was supposed to need "minor" repairs, but instead required over $30,000 of foundation repairs, $45,000 of interior repairs and has been sitti...
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Hey BP,Tim here again and I just wanted to make a quick post to recap a special panel that was put on this morning by my brokerage Village to shine some light on the most current Short Term Rental details and developm...
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So I get my taxes filed by CPA for the first time in my life, and paid a premium fee of $685. Things went smoothly for the most part, other than couple of MAJOR issues which I cannot afford to overlook. I am detaili...
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I have purchased many properties, and nearly all are rented and mortgaged privately, just completed major renovations and have 2 more to complete now. Need to be more liquid to cover the constructions costs. I am in ...
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Hello everyone!
I don't know if I'm posting this on the correct section. If not please let me know and I'll move it. I don't work with this company. I just thought I'd share with everyone since I've learned s...
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I am in the starting blocks of my real estate career. I have a few questions for experienced investors or simply anyone who can give me advice. I am primarily focusing on wholesaling.
1. What did you do to build you...
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Hello,
I'd like someone to confirm my understanding of the treatment of a gain on a land sale. The offer is a large down payment with owner financing the rest. What I'm trying to do is determine the amount of the c...