Thanks in advance for your help,I am looking to BRRRR. I was wondering What percentage of the mortgage amount would you set aside every month to cover the eventual cost of taking care of a property. Numbers I’m speci...

My buddy is considering buying a duplex, living in half, and renting the other half.

Would he be able to deduct all the interest paid on his mortgage, or only half because the other half is a rental?

Thanks in adva...

I think it would be great if there was a way to have the BRRRR calculator do a loan to cost formula in the Purchase Loan Details section.For anyone using a hard money loan to finance their BRRRR deals, the downpayment...

I'm looking to figure out a rough estimate on the percentage that can be used for bonus depreciation if I were to purchase in this area. Yes, I am planning to follow the rules for the STR loophole to go against my W-2...

When doing a cash out refi on a property where the cash out amount is more than the amount originally invested, how do you split the cash out amount between the investor(s) and GP? Would the investors get the full cas...

Out of curiosity is there a standar fee when negotiating short sales? Or can you change your fees from deal to deal? Any help would be greatly appreciated as I am new to short sale negotiating and I just picked up two...

I understand that, as a buy-and-hold investor, it is important to set aside a certain amount of cash in order to cover maintenance and capital expenditures.It seems a bit odd, though, that these are typically expresse...

I’m the older brother planning on paying all up front costs. My younger brother, new to his career with little capital, will be living in the house, paying rent, and acting as the landlord. I want to keep the agreemen...

Hi, I was curious about how to structure a deal with an absent partner who could provide funding.  Assume the partner supplies the cash and would like equity in the property.  If i go through the work of securing a de...

Would you use the 70% rule as a guideline for a state like Chicago (downtown) A area. Or would the percentage be a bit higher.