Dear Lenders, I am looking to run my real estate business under an LLC, am I able to finance my 1st deal through my name, and supply the title, etc. through my LLC? This way I can utilize lower rates (aiming for the B...
We read that there is a capital gains tax exclusion of $250,000 per person. My wife and I bought a home 40 years ago for just a few thousand dollars and the home is now worth $4 million. My three children are on the d...
Hello i am a doctor who wants to use cost segregation/bonus depreciation on my 9 rental houses, my home maker wife wants to meet the 750hr test to obtain real estate professional status and material participation. Is ...
My wife and i have decided to buy our first rental property but do to the prices in CA where we live we can not afford to buy an invest property here. We can afford a house of up to $150K where do you recommend we go ...
So I’m going to look at a property in Wilkes Barre this evening. It sounds very promising. It has some remodeling work done to it already. The sellers agent said it could use about $10,000 worth of work yet and that t...
Hey guys -- I'm actively seeking a BRRRR opportunity in Northeastern PA (NEPA). A common theme among the homes that would qualify as a BRRRR opportunity are that the properties would be very aged and typically need an...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Chicago.
Purchase price: $28,000
Cash invested: $38,000
We purchased this property in 1985 directly using owner financing....
Hi Gang,Are there any rules of thumb or general correlation between a tax assessors assessment and a sellers asking price? I looked at a house that was asking high 400's and the assessment was high 300's. Aside from t...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in San Diego.
Purchase price: $363,000
Cash invested: $130,000
Purchased a duplex in City Heights area of San Diego to fix an...
Hi all,
Just wanted to ask what yall thought about tenants that have previous job history but will have to quit and find a new job when they move into one of your units from out of state. Is this a situation where yo...