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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $38,000
Cash invested: $35,000
Sale price: $125,000
SFR property with excess land, zoned commercial, bank owned...
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Society is becoming increasingly dependent on credit to make purchases and financial decisions. A good credit score is used for more than just getting a credit card or a loan. Due to people extending themselves beyo...
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Hi, Im trying to get a scope on the insurance cost for an owner occupied 3family in JP, if anyone can offer any insight. A typical $1.3m , early 1900's in decent condition. Also what would the impact on my current 2f...
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I just bought my first investment property and the title is under our name. Because of liability issues, is that a good idea to form an LLC and transfer the title to company name. Do I have to form an LLC or just purc...
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Buying my first single family rental property in NJ ...I got a quote for property insurance which is $800 annual premium, with a $2500 deductible. This is for coverage on a $120,000 house with $1,000,000 in liability....
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Hi, BPHow do we deduct a new laptop on the Schedule E form?
As you may know, each property has a separate column where we can deduct the property's expenses like: Mortgage Interest paid, Taxes and Repairs.
Under wh...
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Just heard a really impactful and powerful concept on the Tribe Of Millionaires podcast….
The guest being interviewed said “I read a statistic before that said in urban areas, if a kid from one of those neighborhood...
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I just bought a duplex that I plan on renovating then refinancing. The two main renovation issues are replacing the siding & trim, and replacing the windows. I only have money for new siding and trim, or new windo...
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Hello! I have some stock in Fidelity and Etrade. Some were acquired in the last year, others over 10 years ago. Some are individual stocks and some are mutual funds, etc. I'm trying to determine which stocks to sell s...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $390,000
Cash invested: $70,000
Sale price: $600,000
Purchased a Full-Duplex in DFW area at the start of...