I am in Pinellas/Pasco (Florida) looking at these counties and surrounding area to make foreclosure purchases (my first).I am curious as what additional expenses I would owe once I win a property in auction. When desc...
I might be having trouble trying to convey an idea about real estate investing. Maybe you all can help me clarify it? So here goes:I understand that as real estate investors, we know that it's about buying in the righ...
Can someone help me know what goes in each of these missing lines? I'm pretty sure on the second line you put the address of the property but what goes on the first line? Im not asking for legal advice this is just a ...
Doing FSBO on a residential property, sales price less than 160K Which is better for me, as seller, to use, this agreement, or, the Letter of intent to Purchase in the next post? What needs improved, and how? What's m...
Hello,
I have a multifamily property that I can potential get for 30,000. It has been used as a multifamily for several years. The problem is it is not zoned for this. I'm looking for thoughts on this. Is it worth bu...
Greetings folks. About 4 months ago I identified a property with some potential for flipping or renting while driving for dollars. I pass this property frequently, and get excited every time I see it. Here are a few ...
My wife and I were only able to invest a little less than $10,000 in our respective Roth IRAs before our combined income disqualified us from contributing anymore. My question is this: Should we leave the money in ou...
The appliances in a duplex I bought are going to be replaced. Would love to write it off next year as an expense but wondering if that would raise a red flag with Uncle Sam. What do you all do? Capitalize? Or Expense?...
Hello Everyone, I have a rental property (single fmaily home) in Santa Barbara County, CA.
I have a property management company help me to manage the rental property.
My tenant reported that a cat defecating on th...
My friend and I are considering going in on a multi family property. He is in Michigan and I am in New Jersey. Property would be in Michigan. I would not be living in any of the units and be an out of state investor. ...