Hi,I was looking to purchase a house in Arlington, MA which currently has oil and wanted to convert to gas. When I reached out the National Grid, they said there is gas line in the neighbor house but it needs to be ex...
Hi!, I'm busy investigating prefab options for a 1000 sqft, ideally 3br pre-fab option to throw behind my home in Oakland, CA. The lot in question has a very large and empty backyard, so it'll be easy to carve out 100...
Hello,
I buy, hold and rent out single family residences. Each new acquisition I then depreciate using a standard straight depreciation - total cost of land improvements. I recently learned that I could expedite some...
Hi, I am wondering how folks structure flip deals when they joint venture with a contractor? Who pays the costs for the rehab and how do you structure the profits. Thanks for any ideas!
I am in the process of purchasing my second investment property. I have asked for a credit in closing costs to remove the inspection contingency. The seller has indicated they would prefer to reduce the sales price ...
2 brothers inherit a property with substantial equity. One wants to cash out and the other wants to fix it up to keep as a rental. Brother A offers to buy Brother B out of his half of the equity (using fair market va...
I am currently running the numbers to try truly grasp, why hard money over conventional loan.Besides credit and things like that, why Hard Money?Most HM will lend up to 75% of Purchase price, or is it 75% of ARV? Bec...
A Seller who is a family member is offering that instead of going to closing with a title company to just process the deed at our city hall since he has done this once before. Since this is our first closing as a comp...
Not sure what happen but it seems like the tenant took the cover or the screen on the security system. It's not even in use. Can I deduct it from the security deposit? And how much? First time dealing with it.ThanksChi
Hi guys,
I dont know any full time investors in my life so I have to come here for a lot of newbie questions. Hope this is ok.
I often read about people who have or are losing money on their first investments.
I j...