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Hey everyone, real estate investor from Alaska here. I’m interested in the buy and hold strategy, I own a couple rental properties here in state but I’ve been interested in Midwest due to low property costs. I’ve been...
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I don’t see a clear answer to this on the forums. I keep having bankers say “be careful with reporting losses on your taxes because it could make you unbankable.” What does this mean? How do you make sure that you ...
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I have been using Batch Skip Tracing.com to skip trace all of my leads, but now that I have Mojo I wasn't sure if I should sign up for the skip tracing service with them. They would be cheaper, but is it "you get wha...
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My first flip is listed on the market and should be selling soon. I was just wondering if there are any strategies or things that could be helpful to me on the capital gains. Im pretty sure in texas you have to own ...
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My solely-owned LLC owns a 10-unit townhome-style apartment building in TN. All units are identical. I am considering selling units off as they come available as co-op's. Its doubtful that the municipalities involved...
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Previous post got deleted/moved by BP so apologies if you have already responded. Have some more complex questions was hoping to get some help with:
1. Is it possible to take advantage of the bonus depreciation if bu...
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My first rental is up and running smooth. I bought it outright, financed the costs to fix it up but need to wait 6 months from the purchase date to get a mortgage on it to cover the fix-up financing (5% with mortgage...
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Hi! What do you guys do if a couple apply for your rental unit, one of them has a great credit score, and the other one doesn't?
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Wanted to throw this out to see what you thought. Obviously, one red flag, but if everything else checks out, it seems like it might be ok. Would you consider these tenants?Rent is $1200, and I’m required 3x that for ...
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Investment Info:
Single-family residence buy & hold investment in Indianapolis.
Purchase price: $335,000
Cash invested: $80,000
Contributors:
Joel Wilmoth
Closed on a portfolio of...