HelloI would like to know how does the taxation work when selling an owner occupied Duplex.There are two scenarios here, 1) The rental unit has similar square footage as the owner occupied unit.2) The owner occupied u...
I'm about to close on a property tomorrow and the latest CD doesn't have the lender credits ($3,052) that were initially a line item in the LE. The origination fee was and still is $3,052 however there is no longer le...
Hi all,I have a pretty specific question. I have 2 investor friends and the 3 of us currently in the process of purchasing 2 properties, 2 quads. In the interest of having the smallest number of people on mortgages an...
Hi Guys!My first post here... I'm at the beginning stage of BRRRR process, trying to assemble a team of experts and one being the lender. Do you guys prefer working with one or two lenders or do you have a mortgage br...
Want to know how to invest $10K, $25K, $50K, or even $100K? The average American household has $41,600 saved. While that’s a decent chunk of cash, it’s not working very hard for you by sitting in a savings account, is...
I have started analyzing a bunch of SFH deals with the help of the BP calculators but almost all of the ones I have done (10+) have come out producing negative monthly cashflow. I want to make sure I am using the tool...
Hi - When hitting 200 units, what processes/systems changed? I'm noticing hitting 60 units a few things ie. hiring a personal property manager under payroll keeping costs fixed etc. I'd like enlightenment regarding ...
As I learn more and more about home features and what turns the best profits, what to allocate more of the budget to than other areas, etc, I would love to hear from YOU all in regards to what features in a new home t...
We bought our new house before selling the old building. We used to live in that building for more than 10 years. How many years do we have to sell the old building to avoid capital gain? I remember we should have thr...
I have a decent capital gain I am looking to hedge the taxes on by investing in an opportunity zone. Does anyone have experience or thoughts? I am looking at storage facilities or multi-family but I am not very famili...