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Hey BP. Quick intro: My name is John Maloney. I was born raised and live in Tinley park,IL (which is a south suburb of Chicago in cook county). I currently work as a union pipecoverer (insulator). I'm married and h...
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Hi, I bought my first investment property ( new construction SFM) few months back. I hear that cost segregation study would be beneficial. The property is <400k so not sure if it us beneficial for me. If so, any...
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I have a W-2 Job and 3 properties, what is the minimum amount of profit or income should my properties generate for the year for a lender to consider me worthy of a loan, all things being equal. I've heard $500-$2000 ...
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Hi guys, I have been away for a few months after harbouring ambitions of getting into fix and flip for several months. Long story short, I don't want to do that any more. I want to buy some rentals in US and invest pa...
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For those of you actively working on fix-and-flip projects, particularly in dynamic markets like Houston, I’m curious about your approach to navigating today’s challenges. With inventory tightening and competition inc...
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Looking for various tax strategies to reduce the reality that a large RV or boat is a grossly depreciating asset
I would not have a loan, so claiming it as a primary or secondary residence and claiming the mortgage d...
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HI There;There are two properties built in 1894 located in South Orange, New Jersey. Blocks away from Seton University, one with 11 bedrooms and 4 baths and the other with 14 bedrooms and 4 baths.Both show signs of d...
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I would like to sell a couple properties in the future, would I be able to use the 1031 strategy to buy one house that I would use as a primary residence? Would I be able to sell 10 houses in a package and use that to...
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Hi all! I purchased and renovated a house with a separate legal mother/daughter apartment that I am preparing to Airbnb here in Central NJ. I wanted to find out from those of you who are house hacking; do uou have se...
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What business entity should I should I structure my fix and flip business and what are some tips I should should keep in mind so me and my partner are protected ?