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Hi all.I'm in the process of closing on my third duplex! The great part for me is that it's on the same street and is the same floor plan as my second duplex. I was able to rehab a vacant side of the other unit an...
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I have always heard capital gains is terrible, etc... but I have a business partner in another venture and he says when you pay taxes it's meaning you are making money.The other thing is my ordinary tax is at 37% (fed...
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Hello there,I have been interested in real estate investing for a really long time. I am finally able to ask the right questions to find myself among the right people so that I can move forward in being an investor my...
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I am trying to determine if it is worth paying points down on my mortgage refinance. Basically the break even point is 37-38 months and it's a property I plan to keep long term as a rental. So I see not real reason no...
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3 Reasons I'll be Acquiring Rental Properties 4 Life
There are a few things in life I am willing to bet on.
Here are 3 of them:
The pope is Catholic.
The sun will rise tomorrow.
I will never stop acqui...
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hello all, This may be the wrong forum but I thought i'd take a chance and ask for your insight. Apologizing in advance for long-winded post.A couple years ago I started a home renovation/flip company. In the last ...
4 plex list price $400kfourplex : monthly total rent 900*4 = 3600(appreciation stay the same for past 5 year)• Capitalization Rate: 8.22• Gross Annual Expenses: $10,700• Gross Annual Income: $43,500• Insurance Expense...
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Hello all,Yesterday, during my (nearly) daily quest for a free online RE education, I stumbled upon the BP podcast and website I was so impressed by the community that I immediately joined. With two income producing...
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We are currently under contract for a home that we are intending to use a short term rental (located more than 150 miles away from our primary residence). We own other investment properties in our local market and hav...
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Whether you are a real estate professional, investor or hobbyist, the value of a good lender can not be overstated. I've been in or around real estate since 2004, when I began as so many other naive, greedy and short ...