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1. Can agents submit bids for themselves to purchase REO homes such as HomePath and HUD? I believe that I heard that if you are registered to place bids on these sites you can't buy them yourself.2. I was listening...
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I'm new to this and have been trying to analyze a few properties just to get the hang of things. I was looking at a few properties that cost around $230k and the mortgage would be more than the rental income ($1300). ...
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Hello,
Off market single family rental for sale in Ohio. Current resident wants to purchase house, but can’t qualify for loan.
Asking price $139,900
Monthly rent $800
I told the seller I could purchase it if curre...
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After multiple calculations on multiple duplex properties in start of my investments, I have noticed I wont be cash flowing. Occupying 1 unit and renting the 2nd unit has only equaled out the tenant paying a good chun...
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Hello everyone, Looking to get a little insight into what things I should take into account when selling a property. Short version... I have owned this property for 8 years, 7 as a rental property. Monthly cash flow i...
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Hi, I am keen on a property but checked that it uses Oil for heating (instead of the typical gas or electric). I was reading up about it, and saw that the cons of oil heating include needing to top up the oil supply, ...
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I've been a teacher (5th grade and 7th S.S.) for 22 years and can retire with full pension in 3 years. I'm a licensed builder and have done just about everything imaginable in the construction trades. New builds-br...
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Hi all, I am thinking of trying the lease-to-rent business model as advertised by Brian Page and I had a tax question. Can you deduce the amount you pay as rent as a business expense? So say I rent the property for $1...
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I have run the calculations on a multi family property and I need to have someone review the information in the attached report to help me see if this is a good deal. I would be putting...
My business currently resides in my commercial property. My business is an S corp but the real estate is owned by me personally. I am wondering how I can protect my business real estate and personal home etc should ...