Just spoke with a loan officer in the Florida panhandle. She explained there would be around $18,000 total in closing costs to purchase a 250k-300k home...approx $11,000 standard closing costs plus $7,900 in "discount...

Hi everyone - I listened to a great podcast and the guy being interviewed was talking about how he will make offers on portfolio deals at a discounted price and then get the seller to indicate the value of each one, s...

I intend to buy some properties with cash and then rent them out. I don't want the bulk of the rental payments to be considered as my personal income, so I'd like to set up a structure and strategy to support that.  I...

I'm looking for input/suggestions on the model I use to come up with an offer priceSample:List price $135,000Monthly rent               $1,350Desired cashflow:     -$200 (Concept derived from the book Profit First)Va...

Let's say, for example, I put a new roof on a rental and it cost me $7,000. I've since depreciated a total of $2,000 of the roof's cost on my annual taxes each year since.
When selling a rental property, Net Adjusted...

Hi guys!
I've been practicing doing a lot of ARVs and CMAs before doing my first deal. I'm having trouble determining what the extra value of certain features is. I know how to perform the calculations of adding and ...

I have a potential deal. Want to get my feet soaked. All help appreciated,
Also looking for investor group I NY

Hello, I recently converted my primary home of 5 years into a rental property. It was placed into service 11/2015 and was leased 1/2016. Can I deduct a whole years worth of depreciation for 2015 or do I need to subtra...

How do you calculate if a deal is worth it or not? Looking to start investing and purchase my first door! Any suggestions would be greatly appreciated

Land cannot be depreciated, but if you are purchasing raw land in order to build a commercial unit, can that be categorized as a business "expense" to minimize profits and tax liabilities?If I have a current business,...