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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $39,000
Cash invested: $70,000
Sale price: $138,000
First REI deal
What made you interested in investi...
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I am planning on renting out 2 rooms in my 4 bed primary residence on Airbnb. These rooms are not furnished yet. I was wondering if I can deduct the taxes on furniture that I buy to furnish these two rooms.Thanks in a...
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Hi All,
I know a business owner that would like to lease a single family residence from my company to house new employees that are relocating from out of state.
If he deducts the cost of the lease as a busines...
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I am in the process of purchasing my first duplex. I am having a hard time finding an affordable insurance policy. The prices I am being quoted are outrageously high. Any recommendation for affordable landlord insura...
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Hi all!Short backstory; I’m a licensed builder in MI and have been on my own for 1.5 years completing structural restorations, insurance claims (roofs, siding, floods, etc), and about 15 or so bathroom remodels. We ha...
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How do LTVs work on HELOC's , if your current Primary Residence was purchased with an FHA loan ?Meaning ...... can you get a HELOC based on a higher LTV than 80% ?is 90% possible ?Thank you
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I moved to an area that has an expansive master planned community of around 36,000+ residents. There are about 60+ resident realtors in the neighborhood. I want to connect with builders and develop relationships with ...
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I've been unofficially advised this is not OK, but thought I'd ask.I have just sold my rental property that's all set up for a 1031 exchange (45 days starts today). I also have my primary residence that I've consider...
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I am in the process of buying a HUD home to have for retirement. It's in my daughter's neighborhood, and about 1 1/2 hours from my current home. I can (but may or may not) retire this coming spring. I visit frequen...
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I intend to relocate to the Rapid City, SD region in April/May for work, and I plan to acquire a primary residence that could eventually be transformed into an investment property. I currently possess several properti...