if i were to take control of a property doing a sub2 i wouldnt have to pay the first set of closing costs.so if i took control, and then put 15k of work into it and then sold it for a profit would that make sense?

Because of a need for more space I have moved from a one BR condo I have owned for the past 12 years.  I am seeking tips on the tax and administrative aspects as depreciation schedule of placing it for rent. 

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $160,000

Cash invested: $25,000

Sale price: $260,000

Contributors:
Peter Vekselman

Partner Driv...

I have 3 rental properties, 2 of which are under an LLC with a friend..the other joint with my wife.  My question is how does my K-1(partnership income) effect my dti.The main problem I have is the K-1 is total net in...

Any recommendations for underwriting templates you are currently using for syndications or joint ventures? I've been using Michael Blank's Deal Analyzer which works fine but there are some features that aren't availab...

How do I get started with bad credit?  Do I need to wait until I improve my credit score before I can start?   I've heard about getting owner financing and lease to own, are these the only ways to get a start?

http://www.experian.com/rentbureau/renter-credit.html

Rent payments can now be part of a tenants credit report. Not just late payments or judgments.

This could be another tool to get tenants to pay on time or help...

Hello BP,I am currently renovating a duplex (built in 1930) I recently purchased and I have a question about re-plumbing the home. The galvanized piping throughout the house is corroded and needs to be replaced, and I...

Hello All.

I currently live in an apartment building in Northern New Jersey where we can hear the upstairs neighbors walking and talking and while we got used to this with upstairs neighbors that are fairly respectfu...

Let’s say if u have 500k how would u like to invest it? Would it be cash for 2 duplex and get the cash flow and debt free? Or leverage yourself and get a small apartment complex? Which one would be a better option?