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This is Alabama - buyer beware state.It looks like the investment property we purchased is in the "mandatory insurance" flood plain - 1% annual risk. FWIW, cash deal. When I worked with my realtor to write in conting...
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Hello I am just starting out. I went to a real estate conference a couple of weekends ago. It was very informative. The cost was $149 but of course there is always a hook. Coaching programs three programs , $ 20k, $30...
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HI all, I have a rental house with a kitchen that needs to be repainted. It was originally white and I"m thinking of keeping it that color; however, I know what color was originally used. Is there a particular white t...
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I will be selling a SFH that will net $90k that will roll into a 1031 for a quadplex. The price of the quad is $525k. Is DSCR loan the most favorable product when I have 17% for down payment? Is there another loan pro...
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Rookie here……but D.S.C.R loans seem to be a great way to acquire property. I’d like to talk with anyone who has dealt with these kinds of loans before. Pros/Cons, contacts even maybe, for instance how do you even acq...
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Hi Guys! Im currently in the finishing stages of my rehab & in need of a detailed scope of work for company I'm hiring to handle the painting, compounding , plaster & taping of the house. Telling them "Plaster...
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Hi I will be purchasing my second property soon, should I be opening a second LLC?
What are pros and cons?
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My wife and I are newer to the leverage game and would love your feedback on this mls listing, as we’re trying to satisfy 1031 in 3 weeks.
-Duplex listed for $345K (two 3/1’s with yard .38 acre)
-Now under contract f...
We spent $40,000 to restructure our house (basically combine two bedrooms to an airbnb unit). I assume I use form 4562 to report the start of depreciation of these capital improvements. If so, I was wondering how to f...
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My wife and I have been studying getting into Real Estate for about 6 months and we are ready to get started. Have bank financing ready to go and LLC in place. I have been reading as much as I can but really have foun...