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What do you guys think, there is a duplex for sale for 45k, both sides are under contract. one side for $500/month and the other $550/month. I think there is great potential here, but the only part that is stopping me...
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I just sold one of my rental properties about 3 weeks ago and wanted to do a brief write up about the process and the deal. I’m in my mid twenties and joined BP over 2 years ago. Since then it’s been a wealth of inf...
agents always send me some foreclosure properties that need some work. and then they say make a bid and see what the bank says.how come they do that compared to the foreclosure auctions where there are a bunch of inve...
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I just recently found out about wholesaling and I have been studying none stop no I'm ready to start implementing what I've read. "Don't have to be great to start but you have to start to be great."
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Hi Real Estate Veteran,I am using turbotax to calculate depreciable basis for my rental property. After evaluating my situation, I need to add the cost of City Transfer Tax into depreciable basis. However, I don't kn...
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This phrase has been repeated more than ever in the past couple of years, and sales are confirming it. From single-family, to retail, to industrial it seems all segments are seeing peak prices with very few days on m...
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Hey everyone! I bought my first home and started house hacking about a year ago now and I'm ready to take the next step, however, I think if I am able, I would like to bypass increasing SFHs in my portfolio and move s...
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We live in WA (no income tax so far), but are looking at an investment property in OKC. Does it matter which place our tax accountant is in?
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Hi all. First post, and looking forward to giving back to the community once I acquire more knowledge myself.We rent out 25% of our primary residence to a long-term tenant. I am wondering if it's 1) possible and 2) ...
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Investment Info:
Single-family residence fix & flip investment in Norfolk.
Purchase price: $160,000
Cash invested: $40,000
Sale price: $264,000
Fix & Flip located in Norfolk, VA. Took ...