I am a fairly experienced real estate owner buying and holding properties for rental income and I am actively involved in the day-to-day management. These properties are in New Jersey, Virginia, and Florida. Titles ar...
I am completely new to REI and have two investors willing to partner with me on a rehab opportunity. Let me give you the scenario: WE WOULD BE APPLYING FOR A FANNIE MAE HOMESTYLE LOAN, THE 2 PARNTERS WOULD BE COMPLETE...
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Wondering if rehabbers set up any sort of incentive/bonus for contractors for completing work on a certain time schedule. Or, alternatively, if people set up some sort of penalty if the contractors don't finish the wo...
I could be wrong because the US tax code is very confusing, but how much do certain expenses like property tax, or property management fees matter if you can write them off? Im not sure if there is some sort of cap, b...
Does all of the cash from a Cash-Out Refinance on a Rental Property have to be re-invested in order for the Interest on the new loan to be fully tax deductible?Or can you do something else with some or all of the cash...
Hello,
I am looking to refinance a commercial property that is currently owner financed. The owner's payoff is around 180k, and wants to minimize capital gains tax. He is interested in reinvesting the money. My quest...
Greetings!
A friend of mine has a connection with a probate attorney. How can I approach him? What should I say to have him passing deals on to me?
Regards,
Mimmo
Hi All,Need your help. I was in escrow for a 4-unit quad plex for 225K in Portage, MI but the owner just provided an off-market deal to add on his other 4-unit property into the deal for a total packaged price of 420K...
In this week’s post, I am turning it over to Brent Voepel.I got into a conversation recently with people in the industry about the price of property management. In this discussion, we all agreed that for one property ...