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Hi everyone,I have a general question and any answer will be appreciated.I am in thinking of purchasing lot in Los Angeles, CA. The lot is very sloped, to give you an idea, it is 140 feet in lenght and it slopes down ...
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I have a question with regards to the extent of rehabs for the seasoned flippers here.
In my area of New England we have a tremendous amount of older homes, and a lot of the homes I'm coming across have some ...
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Hello everyone, I'm a newbie to real estate investing. I currently have a home sitting on a little over quarter acre of land. However, a leaking roof has caused considerable water damage to the floors and walls inside...
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So the tax code says that a rental property depreciates over 27.5 years, i.e. 3.64% a year. So does this mean that as a landlord, I dont pay tax until I make 3.64% x house price? And if I pay down 30%, it means that I...
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Working on a house flip, but have a bit of a concern. A wholesaler sold me the house-half of a double lot. Typical strategy, they hold and sell the empty lot separately, I didn't have a problem with it, as I got a g...
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Planning to sell a home in Leander, TX to our long standing tenant. They’ve always paid rent on time. Not sure of their credit but I think they can pull of a small down payment and regular payments. Looking for advice...
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Before people start parroting "manufactured homes lose value, traditional homes appreciate" hear me out.
1.) Modular homes are becoming more and more popular. These are "manufactured" if you will. However as of now t...
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I am attempting to structure a seller financed deal for a SFH that has been on and off MLS for the last three years without a sale. The property is in a decent location, has complete exterior/interior renovations, but...
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Hey! I'm looking into getting started with flipping houses in Southern California. I'd like to learn more about permits. I'm looking to get my general contractor's license. Can a general contractor license allow me to...
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Investment Info:
Small multi-family (2-4 units) fix & flip investment in St Augustine.
Purchase price: $230,000
Cash invested: $170,000
Two homes on half an acre located in St Augustine, Florida....