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I recently spoke to a lender who only does Commercial Loans. The process and qualifications seem less strict for qualifying for a commercial versus when apply for a conventional loan.I am only familiar with conventio...
I just came from my CPA's office where I was informed that there was a $25k loss limit for write-offs for a rental property. I Have spent the past year and $70k repairing and remodeling a 4-plex I bought in Jan 2016. ...
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If buying a condo for rental, how much would you reduce, if at all, capital and maintenance expenditure reserve in you calculations? Anything else to consider when buying a condo to rent out?
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Hi! My wife and I just spent a day in San Antonio looking at properties. We looked in the Northwest part of town, and the numbers were intriguing. Then our agent took us downtown, close to the Lone Star Beer factor...
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Hey Everyone, My names is Christian and I am full time real estate investor in Boston. I am currently working on 7 rehabs around Massachusetts, including 3 condo conversions in East Boston. My team is rocking over her...
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I want to save money by doing most of the work myself on a renovation project I have coming up. I have pretty much all of the skills to do the renovations sheetrock, tile, etc. Outside of a electrician and a plumber d...
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I'm purchasing a property with a bad kitchen layout, and by bad I mean claustrophobic. The property is a bungalow 2br, 1b, with a 2 car detached garage. It was built in 1930. If I take a wall down the kitchen and livi...
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I am closing on a four-plex in the next month and will be renovating it while I live in. I do not currently have a credit card and thought that using a card to pay for renovations would be a good way to start building...
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Hi All,
I am Juwan Parker, a basketball coach and soon-to-be Business Teacher in the Columbia, SC area. I am interested in networking and finding local meetups in the area. I own 4 properties in my hometown of Tulsa,...
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Hi BP - I'm new to this community, and would like to introduce myself. My family has been native to coastal California for several generations, and I live in my home town of La Jolla (Bird Rock).I've been indirectly i...