I need help understanding real estate taxe benefits
Here is an example
purchase price 550k
down payment 55k (owner occupied) 10%
interest rate: 3%
amortization: 25years
monthly payment - 2415.19
1250$ a month t...
Okay, first timer here!Just put an offer down on a duplex in my area. Listed at 1.2M, I offered 1.025MDuplex is 2x 2bed 1bath, plus a detached garage that I’ll convert to a 1bed ADU. Property has a pool. Would need to...
Hello,
Do you charge an administrative fee when drawing up an itemized list for the security deposit refund? if so, how much? does it vary by state? this is from google? property owners operating in the state of P...
Hello!
My first RE investment property is a 3-1 SF in a B- to C-grade Cleveland area. I am trying to rehab the house and then planning to rent it out.
I would be grateful for any advice with respect to yard work! As...
I have a piece of land that's zoned retail at a very busy intersection. Rates in the area are about $20 NNN annually. How do I go about figuring out how much I can get for a ground lease? The lot is a little over an a...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $60,000
Cash invested: $60,000
3/1.5 single family home in the Cleveland area. Newly rehabbed, purchased turnkey
...
Hi all,Have gone through prior posts on the topic and seems like as you scale your number of vacation rentals, having a bookkeeper + quickbooks online pro is the most common recommended accounting solution. Sometimes ...
Hello all - I am in the process of building my "team" to hit the ground running in my investing career. Along those lines, I am meeting with a potential tax strategist on Friday. Right now I don't know what I don't k...
Hello! I have my eye on a commercial retail property that has only 1 of its 3 tenant storefronts occupied. It's been like this for 7 years. The two unoccupied units appear to be mid-demolition in a stalled constructi...
Hello BP, new member here. I'm looking to start my Real estate investment portfolio, but I'm a bit conflicted on how to get it going. I have a good amount of equity built-up on my home right now, but I'm a little hesi...