Hello,Is the rule of thumb for the percentage used for the total rehab costs when using the brrrr method. I know it can depend on how much work the property needs and also the market the home is in, but is there like ...
Firstly: Can one typically get traditional bank loans that include the expected costs to fix the property? What financing routes are best if the investor doesn't have the rehab cash on hand? If one is able to obtain a...
So there is an apartment building I am trying to appraised but I need some assistance. Its 2 buildings attach to each other but has 2 separate address. The bottom floor is a restaurant and its spans the entire area of...
Hi All,So I currently have a full-time job in the IT field, but looking to do a few flip-houses a year as an investment strategy plus to make a few dollars on the side. Only downside i have right now: I am 23, have st...
What are the pros and cons of vehicle expenses? Ive read there are two different ways to write off this expense. Actual expenses like car value depreciation plus insurance, gas, repairs, oil changes or the other opt...
Hi everyone, I've been researching wholesaling lately and I want to give it a go within a month or two if it's true that you can wholesale with little to no money out of your own pocket. From what I understand, you le...
Hey all,
First, just wanted to say I've been a lurker on this site for quite a while and have been very impressed by both the knowledge and willingness to help others that this site's memberbase has demonstrated.
No...
I'm working on preparing my taxes using HR Block and I have a few questions related to the Form 4562. This form is for my rental property depreciation. It says I can include the items below. Computers and computer sof...