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Hi guys,My 1031 exchange may fall aprat.I am trying to figure out how much would I pay in taxes on a property that I sold?I sold it back in May for 120K, I bought it for 25K back in 2009I am in a 30% tax bracketAm I c...
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I found a distressed home but, the home owner is deceased. I’m pretty sure the property is vacant but what should I do?
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I am going to try to articulate my curiosity the best I can, so here we go...I am young but have been blessed to be surrounded by a few good sponsors with their own teams in place, and they have told me when I come ac...
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I’m looking to refinance my first investment property in Chicago, IL What is the best way to shop the interest rates to ensure I get the best rate?
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Hi all,
I'm looking to expand my portfolio and pick up my first property in Texas within the next few months. I've been doing a research and trying to pick a market to focus on, but Texas is such a large state that I...
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What grade of sheet vinyl flooring do you use in your rentals? I have to replace flooring in a small bathroom in a mid-range single family home.
The bathroom is somewhat small, and the only smaller pieces the...
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One my tenant is complaining about another tenant bullying them. Some examples are they are driving too fast. He is setting up cameras, telling them what to do.. etc...how do you usually handle disputes like this with...
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Hi Everyone,
I'm working on a gut reno in Newark NJ. Its a 2 family. I'm wondering if I should install cameras on the property as a security measure. The walls are open so now is the time to install a wired syste...
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Hi all,
I'm looking to add my third SFR to my portfolio. I'm looking for some help in my analysis to make sure it's a good deal:
Asking price: $85,000 (paying cash - may refi later to buy more properties)
Taxes (201...
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Contrary to popular borrower belief, the mortgage business is actually more about people than numbers. In the beginning it might be all fun and games with X's & O's and spreadsheets of mortgage quote comparisons b...