Hi all, my name is Joe DiNardi I am 23 years old and a fairly new investor from New Jersey. My parents own some rental properties in central Jersey which lead me to become interested in this industry. I am looking to ...
Hello,Here’s the question: Are 2 sets of full by bull bunk beds too big for a single room?Context: I am furnishing my first STR. I have a 2 bed one bath that I am preparing. I’ll have a king size bed in one room and I...
This is hypothetical:
I have joined a partnership with one other individual to purchase a multi-unit building. For simplicity of argument, I have performed 100% of the maintenance and improvement of the property. My ...
I lent $30,000 from my LLC on a property. I then later lent $15000 in 2nd position from my IRA on the same property. I had to foreclose, and choose to foreclose with the LLC. The 30k plus back payments added up to ...
I'm curious to know how you would value this property. It's a well known and popular brewpub/restaurant/rec area with waterfront access to one of Milwaukee's rivers. It appeared to be very successful until it closed w...
I will be closing on a 4 plex apartment building this month. Each unit in the building needs new windows and could use some updates to the kitchen and needs new carpet. IRS rules require that repairs, when done as par...
I heard about this "tip" a few times from Brandon, the beardy guy :)When I brought it up to my RE agent she said it's "BS" and that they don't forward these things (photos, letters) to the seller due to HIPAA law. Is ...
Hi All,Looking to purchase my first rental property - actually more like two. I am purchasing (2) duplexes next door to each other as I figured it would be a safer bet having both instead of competing with someone if...
Will a mobile home, newly purchased from the factory put to use as a rental, that is not immediately converted to real property, qualify for the 2017 accelerated deprecation, since it's personal property ? If the ans...
My wife and I are under contract to buy a home. We plan to do a live in renovation with the intent of making it a rental (selling only as a plan B). The future plan includes buying another home, possibly fixing it u...