Harrison Painter
Have we seen the bottom of the market?
Do you feel that we have hit market bottom?
Since this might vary from location to location, how do you feel about the market bottom where you are either already invested, or looking to invest in?
Jared K.
Yard Sale leads...what? Where have you gotten leads rarely discussed??
For as long as I can remember I have kept contracts in my vehicle b/c you never know when your gonna need one!! I have heard about people seeing someone stick a for sale sign in the yard while they were driving down t...
Eric La Pratt
AirBnB Short Term vs. Long Term in Chicago
I have a multi-unit in a class A neighborhood in Chicago (Lincoln Square - 60625) that I am wrapping up a large rehab on right now. The property is on a remarkable block and the units really are fantastic - we've take...
Shiv Jey
High income, low time
Hello all,Wife and I are high earners with busy jobs and limited spare time (total salary >$1.2M/yr). We don't live lavishly, pay a ton in taxes, and are making traditional investments. Our savings are starting t...
Account Closed
Wholesaling Direct mail approach
Ok new to wholesaling and from my understanding you should take one approach and stick to it. I am thinkning that the best approach for me to start wholesaling would be direct mail. I feel like I will have the free ti...
Amos Smith
Mobile Home PARK Depreciation IRS Schedule?
Hi,I recently bought a new mobile home park, my CPA tells me that the non-land portion (road, pipes, water plant, good will) should be depreciated over 28 year. My CPA has never done tax on MHP before.I did a search ...
Chris Nerio
1st Rental Purchase, Buying Fourplex
Hey everyone, I'm looking to possibly put an offer on this deal for a fourplex in St. Louis. Purchase Price: $225KDP: $45k (20%)Annual Gross Income: $27,060Total Operating Income: $27,648 (less vacancy at 4%)Total Ope...
Jonathan David
rehabbing a waste of money?
I am a beginner who just "rehabbed" a house. I followed the model you see on HGTv where an investor comes in and updates things. I put in a new kitchen, new bathrooms, updated paint and floor coverings. We finished...
Terry Lao
Property taxes in Cleveland, Ohio.....why so high?
Why are property taxes so high in Cleveland, Ohio, relative to the sales price? I saw a duplex listing price of about $90k with good cash flows, but my goodness.....the property taxes were $4800. This is about 5.5% of...
Bob Beach
Seller Financing. Good idea?
We're selling a few houses in Memphis, and we have interest (letter of intent), on one house that's requesting, "Seller Finance". They're offering a few thousand more than asking and will also pay agent fees. Our agen...