New investor here!We had to replace our refrigerator in our rental, due to the old one breaking. Is this a Capital expenditure or an operating expense?I'm also wondering what the advantages are of classifying one as a...
We're under contract for a SFH that is currently in use as a STR. Inspection revealed A LOT more problems than we ever imagined a house of this young age would have. We asked them to address 5 items that we saw as the...
Good Evening,My name's Michael and I'm from Riviera Beach, Maryland. I'll be honest, I'm as new to REI as one can be. I feel like I started off trying to learn every strategy for every niche there is in the real est...
Can someone please let me know if this is ok for my first BRRRR.I got a $200k HELOC on my primary residence to help fund my first BRRRR. I bought my first investment property cash, for $101K. After closing costs, it w...
I live in Orlando Fl, and currently building my team to start flipping houses. I currently have a full time job but I would eventually like to do real estate investing full time. Now I have a general contractor and po...
I am just curious to see if anyone is still taking notes on properties when a tenant buyer wants to move in. Or lease option, land contract etc. If so what steps are you taking with the Dodd Frank law coming into ...
While I can't speak for all 'investor friendly' Real Estate brokers/agents I can shed some light into what I consider a real estate professional specialized in working with investors.
Investors are a unique breed. Th...
I get having the need for moderators... I always thought it was for advertising too much or bad advice...
I am amazed that its also for censorship..
Not certain why grown peo...
Hello!So, long story short, I have a desired location that I would like to purchase my first 4-plex.Absolutely nothing is popping up on the MLS. I understand that the market is rough right now and I need to be patient...
My partner and I were in contract on a wholesale property that we plan to flip. The wholesaler just called saying that the title agency found out the status of the property was actually in foreclosure. It was thought...