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Hey guys have A few questions that I think could help me and many other wholesalers/real estate investors close more deals.1. What tools do you use to accurately calculate the ARV of a property? For ex. I use propst...
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I have an opportunity to buy a home that is a VA foreclosure. I’ve looked at the property and think it’s a good deal if my offer is accepted. I haven’t officially made the offer. But, I do have my number in mind.My co...
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Hey All, this gets a little complicated so I'll try to explain clearly.I purchased a duplex back in september w/ cash and did delayed financing with 70% LTV. Using those funds (and some others), I purchased a new pri...
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So does the cost seg/ accelerated depreciation work best for a real estate "professional" status person only
Is accelerated Depreciation still allowed in 2022?
I'm purchasing some properties this year and thinking o...
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So the wife and I decided to start an LLC for purposes of shielding our identities (although I know it's not perfect) and limiting potential legal action. My question is the properties that we own are in our names. D...
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Hello,I've asked several CPA's, and gotten varying opinions. Wondering if anyone feels they have fully vetted this subject and come to a definitive answer.Situation: purchase a property subject to the underlying lien,...
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I am a regular person (not realtor or agent), what are the steps to buy from Crexi or LoopNet? If I find a property that I am interested in, contact the broker for more information or additional details...What's next...
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Hi, I make $50k per year and have $25 thousand in savings, unfortunately I file a 1099 and not a W-2 so my question here is, what sort of hurdles would I face while trying to get started in real estate while continuin...
I will be paying cash. He will live in the house alone. I will be paying the tax and insurance. Hopefully he will be able to reimburse me for my expense by making monthly payments to me. I am unsure whether I should r...
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Ok, I'm just a little bit confused about exactly what insurance I need. After scrounging through the rental property book and online, I think I ingested too much information and need some clarity.So I'm in the process...