We spoke to our accountant and he related that we will not be able to take advantage of depreciation for my LTR because the combined pensions are over 125k.
How can I “minimize”my income? I only have one LTR.
Hi all. I’ve learned about the 70% rule when purchasing a property to rehab from multiple sources. This was going to be the rule of thumb that I used when doing a quick analysis of a deal. While trying to expand my...
i'm looking to buy many smaller (60K) properties.
thanks in advance for your advice.
Hi Everyone! Merry Christmas! I need people's help. I would Like to hear what people think I should do. I just did a refi cash out and have cash on hand and trying to do the smartest thing with it. My current no...
Retirement plan question here: This question is not real estate related. It's related to retirement plans through your employer (if you're working full time). I just graduated college in May and started working full t...
I bought a condo in the beginning of Covid and decided to not move into it and instead flip it. I put a renter in it for $2100. Total monthly expenses are $1200, so its cashflowing $900 per monthI bought it for 190k a...
OK- so dumb/newbie type question. Even though I've rehabbed like 200 houses...don't know jack about notes :)So in my space an average ROI in my market (DC Area) is around 12.5-15% on the sale price of property- if pro...
Hey BP Community!I have a HELOC, let's say $100K (to keep the math simple) and want to purchase a second property for $500K. Let's say I have $50K in cash so a total of $150K (includes $100K HELOC). How do I finance t...
Hi All, I Hope everyone is well. I've a situation in hand. A property in Cleveland has an SFH and a duplex on the same parcel. Totally rehabbed and renovated, the inspection report is clean. My regular Financers are n...
how many yellow letters should i send on my first batch to absentee leads, and how many calls do you think i would get back?