Hi, BPHow do we deduct a new laptop on the Schedule E form?
As you may know, each property has a separate column where we can deduct the property's expenses like: Mortgage Interest paid, Taxes and Repairs.
Under wh...
Hi there,I am looking to start my journey around investing in real estate. I was wondering what are the pitfalls with buying land and constructing two houses on top of that in a good locality. Looks like some killer l...
Which one would have lower turn over and/or easier to fill vacancy?Property 1: asking 619k. 3 family. 1 bed, 2 bed, 3 bed. Total 6 bed 3 bath.Property 2: asking 650k. 4 family. 3X 1 bed, 3 bed. Total 6 bed 4 bath.On p...
Hey everyone - I’m working on a cash deal that I will use delayed financing on so that I pull my money back out. The good thing with DF is there is no seasoning period. Bad thing - you can only pull out up to 75% of a...
I'm considering switching to Buildium. I self manage currently use Rentredi for management and REI Hub for Bookkeeping. Can I use Buildium for bookkeeping including tracking all transactions per LLC including mortgage...
I just closed on a 2-flat that I'll be living in and renting out the second unit. I'm tracking all of my receipts currently and trying to categorize them as well as I can. I've read IRS pub 527 a few times and I'm won...
New to all of this. We have one SFH rental in Los Angeles renting for more than $12k a month. We may have another in Florida at about $8k a month. These are nice SFH. My question is, what things are worth updating. Th...
Why is it better to hold a mortgage on 2 or 3 properties for the same cash flow than 1 property paid off with great appreciation? I’m confused
How do I start my wholesaling business if I’m living in a new city with a low marketing budget?
Hi,I'm considering investing in a multi family property in Orlando from OOS. The way the house is setup is such that there is only one electric meter for 3 units and the listing agents says that the tenants pay based ...