Hi Guys, I live in WV and it is not a hot market. Median income is ~$30k and population is 50k in my area. Houses aren't selling here, yet there are lots of them for sale. Rental market is high, HUD rental assistan...
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Hello everyone been a member for a while but I am finally thinking of pulling the trigger on my first flip/ and hopefully seller financing. I have a home that a mom passed and her son cannot afford to stay in NJ and w...
Hello all I purchased my SFH for $385k in Northern California in 2013 waited the 2 years to get the tax exemption and sold it for $580 cashed out and bought a condo already up $50k in 6 months. My question is how long...
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Hello,Traditionally I have always done 20% down for a rental property and tried to see if I can find anything on obtaining a loan that requires less than 20% down on a investment property. I have great credit, own my ...
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Hello,
I am new to the forum and started investing in Florida real estate last year. This is my current situation, I purchased a distressed property at auction for pennies on the dollar, after putting several funds ...
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IRS released guidance yesterday saying that any PPP expenses that are forgiven are NOT deductible for Fed income tax purposes. In essence, the forgiven funds are taxable, in direct conflict with the Cares Act. Congr...
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Just wondering if anyone is involved in short term rentals and what's everyones opinion on them. I know there have been a few podcast on them just looking for more opinions before i get started.
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Hi all!I have a tenant who informed me after moving in that her child takes medicine to help him go to the toilet however, it causes the toilet to clog everytime which then leads to the toilet having to be rodded out ...
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Hey All! First, sorry if this is mentioned elsewhere. There's so much material to dig through.Right now, I'm considering a property thats somewhat a "house hack". The parcel contains one detached SFH and 5 units for c...
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I have a SFR being managed by a property manager. It is currently rented out. I have about $5,000 in the property management account for "cash reserves". Six months PITI (principal, interest, taxes, and insurance) is ...