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Hello! Quick questions as I'm thinking about a deal here in Wisconsin. A duplex in a great location that needs some work. I do not want to house hack the duplex, therefore, I would put 20% down. If I were to close...
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FYI a bill was introduced on Tuesday that would restrict investors who purchase 50 or more single-family rentals from deducting interest or depreciation on those properties from their taxes.https://thehill.com/busines...
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Hello! Last October I moved from my former home and am now renting it out (to my daughter and her boyfriend). I understand that I can deduct repairs and maintenance, though not improvements. My question is, does th...
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What has been your experience with residential RE agents in regards to investors and non-conventional financing methods? Mostly seller financing, as this is what I'm interested in down the road. To me seller financing...
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ARV Practice, please help:I'm still having a bit of issues on getting the formula right on this so that me and the end buyer will both profit from a deal after helping a seller. Since I'm wholesaling I was told there'...
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Looking at this decent 20 unit apartment complex. Below are the current break down of income and expenses. PM fees are also included in Total expenses. Sales price is $700k. Loan would be 25% down at 4.5% fixed fo...
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Hi All,
New to this forum... And a new "potential" investor to boot...
I'm in the process of purchasing a 6 unit property (target closing date is in Jan2008). So I don't actually own the building yet... Right now, I...
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My ambition has been overflowing with the idea of working with my mentor on my first deal. I’ve obsessed about my first deal for the last month now, and I THOUGHT I finally found something big.
To preface this, my me...
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Some of my rentals loans have about 20 percent of the debt paid off. Given that we may be going into turbulent economic and times, and I work in an industry going through a downturn I figure now is a good time to imp...
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Hi, all.Being new to real estate investing, as a flipper, I'd like to ask the question on BP of whether house flipping as an industry is over saturated (here in July 2014).I am sure the answer to this question varies ...