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Hello all,Correct me if I'm wrong. My mom has a house I believe worth around $300k. It was purchased 20+ years ago for $110k. She is tired of it and wants to have me take over it. I believe that since it would be a gi...
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Hello fellow BiggerPocket-ers, I'm hoping to get some feedback from people that understand a seller's market (Salt Lake area).I am a novice to investing, but hoping to make a strong start. My goal is to acquire rental...
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I am new in the Colony Texas area and I am in need of a good accountant with a real state background. One of my investor properties was rented and now sold. Since I dont know how to correctly file my taxes, I need to ...
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Yup, that was me. And it was proof read by 3 individuals. It's just a simple mis-type with the area code (210 instead of 219) but a costly mistake and a pissed-off dude in Texas getting all my calls. It's not like I c...
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If I understand the Refinance piece of the BRRRR Method correctly... The banks will only pay 70% LTV on the appraised ARV. So a house worth 180k, I could refinance at 126k. Is this correct?My follow up question is thi...
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Hello,I'm buying my first property (single family home) that I'm going to live in, but it's going to be my window to realty investing. Since the house it's going to have a conventional 30-year loan under my name tied ...
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I have a section 8 annual inspection, when I purchased the property last month the air unit was not working and I’m working to get it fixed. Will this fail me as an owner?
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Hi, everyone , I'm trying to pursue Real Estate Wholesaling and I've tried the basics. I cant seem to get it off the ground. I want to make at least 2 deals per month. Any advice.
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Hello fellow investors. I had a question. I am selling an investment property and wanted to understand capital gains correctly. When I purchased the property I put down 25% downpayment of my own money + closing costs....
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Hi guys,So I live in NJ and apparently people are rushing to prepay some taxes. I share a rental property with a friend and we're at a loss as to what we should do here. Any advice?Thanks