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Hello,I am working on a deal to purchase a majority of condo units (54%) which are part of an HOA. I have never owned property in an HOA let alone had the ability to control the association. I'm trying to understand w...
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I was doing some research on houses of a very specific architectural style in my neighborhood. I found an abandoned property that would make a great BRRRR 4-plex, and the only thing I could see from the outside was th...
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HiI am planning to submit an offer on a rental property in B/C area in a small city close to Dallas Metroplex. Below are the details and can you please advice me, if this is something worth pursuing. Sale price : $210...
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I am wondering what people are paying for rehabs costs in Greater New Orleans. Any input or thoughts would be appreciated from local rehabbers/Investors/Contractors. For example, how much on average are you spending o...
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I just closed on a property and insurance sent me notice they will be inspecting exterior within 30 days.
The roof had a few leaks and the previous owner repaired them with a lot of tar! I was trying to hold off a f...
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Passive Activity Loss Rules
If you are a real estate investor that doesn’t qualify for REPS status (discussed in #5 below), understanding the Passive Activity Loss rules is crucial. Passive activity losses are those ...
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I’m making the switch from multi families to commercial. I’d appreciate thoughts on this deal:Medical building priced at $1.9M. Tenant just signed a 7 year lease at $14,667/month with two 5 year options and 2.5% incre...
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Hello Everyone,My name is Justin and I am brand new to the world of real estate investing. I read a book called "Rich Dad, Poor Dad'' that a few people might have heard of and, I instantly became interested and excit...
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Hi everyone,
I got my first accepted offer on a duplex built in the 1980s, northwest San Antonio. I have a general inspection coming up but wondering what other inspections would be recommended?
I was thinking of ...
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How do you determine if a fire damaged property is TOO far gone?I've identified a property that I'd consider a C for the most part, but there was a fire in the kitchen and that room's definitely an F.Is it necessary t...