I'm so noticeably new to this. It's been hammered in my head to screen and check for these things. When it comes time to do it, I thought I'd enter the info, pay the appropriate fees online and be done (yes, I have...

I purchased two rental properties in late 2016 in South Carolina and the paperwork for the mortgages listed my property tax rate at 4%, instead of the 6% investment property rate. As a result each month my lender is c...

If you were to choose; to renovate  your existing house (complete knock down) to add more rooms and value to the house (with no additional doors to add to the property)? OR wait for the housing market correction and i...

I'm a new investor, and I'm considering some strategies to get into real estate. I like the idea of flipping (if done well), but is it considerably more risky to start flipping houses given the current state of the ec...

We received for the first time a 1099 Misc. from a Commerical Tenant of a property for rent that is held in our Self Directed IRA.  She sent it in my name, not the Trust companies name. Question - should I do a Correc...

Hello, I'd love to have some advice if anyone can help. My family member purchased their home less than a year ago, and the home was appraised at the time of the purchase. There were a couple thousand sq ft that shoul...

I have access to MLS and that's what I've been using to determine the ARV. When trying to determine the ARV what should I be doing? What should I be looking for? I just want to make sure I'm doing it correctly. I'...

Ok so I live in a duplex, and rent out the other half.

1. My CPA is telling me we will deduct 50% of the shared expenses on the building the rest is considered my housing costs.

2. I was reading somewhe...

What do you think of this hypothetical deal. Would it be good?

Purchase price $46,000
Down Pymt: 4,600
Mortgage: $41,400

Principal/Interest payment: $275 (30 yrs at 7%)

Gross Rent: $600
Operating Expense: $300...

When I bought my house years ago, the past owner had added a permitted room in front of the garage. I am now converting it into an ADU but this is my first project and I've found out that I started everything backward...