I’m stuck at trying to land at my first deal. Have almost the full down payment ready for a single family home in the area but something seems to always come up toPush the savings back down or life happens and struggl...
Wife is considering starting a new career as a real estate investor in buffalo, NY. Thoughts? Good idea?
I started out REI on the wrong foot by getting blanket loans instead of conventional to start with. I don't regret it, but it has hindered me from taking advantage of these historically low interest rates. I have a fe...
I’m locking up a deal right now. Hoping to fix and flip this once instead of wholesaling like I usually do. Never worked with GC’s before and need help getting a good one for this project. Once I find one, how do I s...
Investment Info:
Single-family residence buy & hold investment in Kansas City.
Purchase price: $48,000
Cash invested: $12,000
2 bed 1 bath single family home
What made you interested in ...
Hi. I have an investment property with a lot of equity. Just curious as to what everyone's opinion is about obtaining a HELOC on it to buy additional properties? Is is a good or safe idea? Thanks.
As a newer investor with no property’s I am wondering how the whole putting a property under contract works?Let’s say I make an offer and it gets excepted. Am I signing a purchase sale agreement then or if I made an o...
Investment Info:
Single-family residence fix & flip investment in Woonsocket.
Purchase price: $88,000
Cash invested: $37,000
Sale price: $170,000
This project taught me how to (and not to) co...
Land is separate for property taxation and for depreciation schedules. I’m sure it can be done somehow. At issue is whether I can exceed the $15,000 annual gift exclusion to my kids by essentially making the propert...
Newbie here and I'm sure I'm overthinking things but I want to set things up properly from the start.
First, what does everyone use? Quickbooks? I do plan on using an accountant, so maybe I don't really need QBs?
I...