Hi everyone, I'm a new out of country investor here in Birmingham, Alabama. I tried to look around on Zillow and talked with a few agents and investors on Facebook, and I saw that a lot of people try to avoid from buy...
Hi, I'm going to layout my general strategy for phase II of my RE portfolio and hopefully get some insight into what I may be missing. Thanks in advance for any tips, tricks or advice!I currently own 8 homes in Vegas...
I've found that after I take into consideration my contingencies seemingly good deals on the surface don't look so attractive any more. I wonder whether my assumptions/budget is too conservative.I generally use the f...
I need to understand what happens to the equity (for tax purposes) if I convert a single family home to a rental property. Would this convert at a current tax cost basis? For instance if I purchased a home for 125K ...
I'm going to sell one of my rental properties in San Jose, CA and planning to do a 1031 exchange also in CA. I will be renting the property, so it will be like-kind property. I read somewhere that the propert...
I am thinking about purchasing some rental properties and I am trying to educate myself on the proper way to go about doin it. I've read about the 50% and the 2% rule and I think I have a clear understanding of it. ...
Hi, first time poster but skimmed through some of the biggerpockets books, watched the youtube and hopeful for some good learning and sharing here. Anyway I have a building that has 4 apartments and a commercial area ...
Investment Info:
Small multi-family (2-4 units) private money loan investment in Eureka.
Purchase price: $205,000
Cash invested: $82,000
Purchased 4 plex with tenants in place. Have re-modeled each u...
Is it possible to take depreciation on a residence purchased 30 years ago but converted to rental property over 28 years later?
I'm waiting to close on a rental property I won at auction. I'm not interested in financing the initial purchase for several reasons: Cost of financing - appraisal, closing costs, etc. and the ability to 'cash out' at...