Investment Info:
Single-family residence fix & flip investment.
Purchase price: $62,900
Cash invested: $57,000
Sale price: $181,500
Bought a "burn out" home that had a rehab started, but the ...
I have come across a significant deal in my area for a property. The current setup is there is a single owner (74 year old male). He is widowed with no relatives. The property setup includes 61 acres with two separate...
Hey Gang,I have a lead that is 2 houses on one lot. One house is paying $800 a month and the other is a Life Estate where they are paying 50% of the yearly taxes and utilities. The relative in the life estate is in ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $177,500
This house is my very first property. It contains 2 units - the front unit is the original part of the ...
I've got a lead in front of me with almost every kind of estate complication. Property was transferred from Mother to Daughter in 2005, using a irrevocable life estate quit claim. Mother was given life estate, daugh...
So say you've been depreciating a property for 10 years. Year 11 rolls around and you completely replace the roof. Does that just increase the remaining depreciable balance (basis) for 17.5 years? Or do you deprec...
During the recent period of low interest rates I acquired some rentals with a 15% down payment in order to stretch my cash further toward down payments on additional properties.
This helped with the down payments and...
My first post into the bigger pockets forum. New/aspiring Investor doing my homework interacting with the forum each day. I thought this was perfect question to be my first post. Has anyone used a whole life insurance...