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I have an opportunity to buy a 2 bedroom/2 bath town-home in Baltimore in an up-and-coming neighborhood. The home is fully renovated and requires no work, negotiated price is $138,000, for a 5 year term with a payment...
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Hello everyone! This is my first post to the community :) My mom and I have purchased our first rental property in North Myrtle Beach, SC. From the start, I want to ensure we are correctly setup legally and financiall...
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Let's say i take an early distribution from my IRA, and buy a rental property.Can I use the new accelerated depreciation to wipe out the taxes that I have to pay on this distribution?
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Going from 1 to 18 rental units in 2 years has been a fun journey. Here are some lessons I learned along the way that helped me succeed in multifamily investing!
Always Screen Incoming Tenants!Screening tenants is on...
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And yes I'm aware of the 10-31 exchange, It's part of my plan. I've been reading and collecting guides and due diligence worksheets on apartment complex purchases. The biggest reason I'm considering doing it is that I...
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I bought a duplex about a month ago in Minneapolis and just talked to my assessor. I'll mention that he knows me as almost all my properties are within a 2 mile radius and he's been in several when I've challenged my...
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Hi everyone, I wanted to introduce myself to this awesome community!I'm Grant and I'm looking to house hack a duplex with the goal of reducing my family's expenses. Ultimately, I want our investments to cover all of o...
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I have commercial property that I currently owe $141,000 through a SBA-HEDCO loan at 4.25%. The tenant of this property is a brick and mortar retail business I own and the current market value of the property is app...
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5 Tax Mitigation Strategies Every Real Estate Investor Should Know
As a real estate investor, every dollar you save in taxes is another dollar you can reinvest into growing your portfolio. Yet, many investors overloo...
I have recently purchased a condominium as my primary residence in August 2018. I am on a 30-year fixed with 4.75% interest rate. Can I replace my current mortgage with a first lien HELOC? I tried a few times to obtai...