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What should I do when I am just starting and trying to get into the mix of things?
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Suppose I purchase a property for $200k. Is my depreciable base the entire $200k or do I have to back off the amount that is considered land?
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After about 3 years of listening to podcasts and reading books, I finally got past my fear and closed on my first fix and flip 3 days ago. Had to write about 12 offers before I got this one. It was on the MLS. It's a ...
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Ok...as I struggle on...can anyone let me know what I am missing in the deal analysis below......I have been running these forever and possibly the props I am looking at are just not good deals but then again, I keep ...
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Tenant moved out before court date. There's $800 water bill unpaid.Now what? PM said eviction case was dismissed as tenant moved out. So there's no 2nd cause court. I need to file a case at small claim court. Is that ...
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I bought a duplex last year in Chattanooga off of the local MLS for 58K and spent about 26K doing a rehab on the property. When I bought it someone had hit a brick wall with a truck and the resulting hole was covered...
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I am looking at buying my first rental property and wondering what strategy makes the most sense, I have some cash can buy one house that might not be in an area where the value will go up anytime soon but has slot...
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On a general basis on the retail level, what does a seller pay for at closing? I've heard it's usually around 1 - 1.5%, but what exactly is the seller generally paying for at a closing?
Thanks!
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Question BP family, Do banks ever accept cash offers less than they get a property back for? For instance, I’m looking at a local foreclosure and the price is $90k, and the county website shows they took back the prop...
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Hello Everyone,This post will be a bit long winded. I am considering selling my 4 unit building in the Ravenswood area of Chicago. The property is located near Ashland and Lawrence. I am having a little bit of trou...