Considering purchasing my first rental property. Can anyone give me a brief description on the tax implications of owning a cash flowing rental property ? What are the pros and cons from a tax standpoint ?
Primary residence rehab “hiccups” Davis County Utah So yesterday I got a call that My moms primary residence rehab was due to be complete around December 15th but her contractor parted ways as of yesterday. She is two...
Hi everyone,I have a couple questions regarding the Ohio salesperson licensing: First, I understand that an applicant must be sponsored by a broker. Does this mean I am required or expected to work under that broker i...
Hi, everyone. I'm looking to purchase my first rental property in a location that is a can't miss. The problem is that the price of the homes most in need of repair is beyond what I can afford to pay with cash. I'm gu...
I recently purchased a SFH in the South Chicago suburbs 1 month ago to BRRRR. I identified a lender at the beginning of the process who said they would be able to do a cash out refinance once the project was complete ...
To experienced investors, I'm a RN based in Fishers, spent the last two years traveling. I'm going staff in early April as the travel nurse market is dead in terms of the pay. I'm from the south, and seek to move ba...
Hi everyone,I would like to survey the crowd as to what everyone is using for organic rent growth and expense growth assumptions. What are your baseline numbers and how do the idiosyncrasies of a given deal affect the...
I hope I posted this in the correct forum. First Post WOOHOO. While venturing through an estate sale five doors down from where a family member of mine lives, I discovered that the old lady wants to sell her house. ...
Recently, I came across this program called, “Replace your mortgage” by Michael Lush. During my first call, they collected financial information and I was told I could refinance my existing mortgage into a HELOC and u...
Hey BP! I just joined the site about a week ago after ratifying a contract on my first home and have been consuming as much information on the site as possible ever since! I've been seriously looking to buy my first i...