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Hello all, I just did a casual web search for some tax info, and found some fairly horrifying stuff here:http://www.nolo.com/legal-encyclopedia/repairs-vs-... Basically, the IRS is going to get a LOT fussier about ...
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The home was built in 2010 and is in foreclosure. It also isn't complete. Plumbing and electrical work are needed. 1 bed, 1 bath. According to the realtor, It'll take about $10k-$20k to be ready to rent. Planning to l...
Hello everyone,Newbie here. I was wondering how the process goes of renovating and increasing rents goes in terms of the conversation with your tenants. Do you just complete the renovations and just notify them that r...
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This house im am locoking to fix and flip does not have the plumbing waste line connected Couldnt have a sewrr scope (see photos). However there is a floor drian 10 feet away . shoud i move on this property. It does...
Can a newbie with very little money get conventional lending for apartments and/or mobile homes?
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Not sure if this is the right place for this post.If not,moderators please move it to the proper forum.Ok I have a HML that only lends on the As Is value of the property,they don`t use the ARV.So my question is How do...
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I have kind of a long complicated story that I’m guessing nobody really wants to hear so I’ll cut to the chase. I need to create some kind of significant revenue stream to ensure my wife, kids, and grandchildren are t...
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Hello all,I’m confused as to what is going on in Seattle. If you read this recent article by the Seattle Times, prices have gone up significantly in the last 12 months, some neighborhoods at 12%!. https://www.seattlet...
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With the massive Taiwanese semiconductor plant under construction in Phoenix, bringing billions in investment and thousands of jobs, how significant do you think the ripple effect will be on the local real estate mark...
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Hello BP people, I want to revisit an old deal I have previously posted. My numbers on repairs/rehab are still rough estimates at this moment, it is just an estimate based on what I have seen so far.*These numbers re...