Hi all,I'm currently in the process of rehabbing a California Craftsman Bungalow built in 1908 in the Los Angeles area.It's in a Historic Preservation area, and I need to create an entrance to the backyard (the curren...
I live in the Bay Area where it doesn’t really make sense to invest in rental properties. I have a few homes in the Central Valley but even that area has gotten pricey and difficult to cash flow. I have been consideri...
I'm looking to do some remote work in the San Diego area and decided to read over some SD BP posts. One trend I've noticed is that a lot of people seem/seemed to be looking to purchase rentals. Is there anyone out the...
Hi,I am about to list for sale two quads in Cincinnati, Ohio for 250,000$. Can anyone give me an estimation of costs of the 1031 exchange, and who can do it?Thanks, Mordecai
I'm buying my first property. I want to live in it for a year, fix it up, and do vacation rental on it. After a year I want to buy a second property that I can live in. My lender says that I could qualify for a conven...
Context: My three business partners and I want to run a residential assisted living facility business. We want to acquire a property, remodel it and open a RALF business in South Florida. We want company A to own the ...
I want to start renting out rooms in one oh my homes. What is the best site to list the rooms? Zillow/Trulia does not allow you to post these type of rentals.
Now, I know how banks choose their listing agent/office/broker, they look (by maps, google, all means..) for offices within a certain distance from the property, and ask for a broker's price oppinion (BPO) from each o...
I just started in the Dallas market. Is max allowable offer ARV - repairs x 75%? Is there a generic number I can plug in if I don’t have actual repair bids numbers? Any suggestions or recommendations are appreciated.
Hello fellow househackers!
Two questions for the group in celebration of tax holiday cheer.
1. Does your tax preparer have you use a 1040 schedule E or 1040 Schedule C?
2. Which portion of the tax code do they ref...