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Hi everyone! I have a property with the following attributes (summarized) and am hoping to get some guidance on the best way to finance with my business partner. Property Summary:List Price: $230,000Estimated Monthly ...
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I currently have as offer out on REO and have been waiting 4 days for the bank to respond. There is another REO that just hit the MLS that I would like to make an offer on, but I can only get one. How do I word the co...
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I have been looking to add self storage to our rental portfolio for a while. I was able to go under contract on a 1 acre (plenty of room to add more) 25 unit mom and pop self storage facility. They are severely under ...
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Hi all I'm a Realtor with 5 years experience. I'm now looking to expand my knowledge and learn the investment side. I'm looking to Link up with someome in the Dallas metroplex whos looking to share their knowledge/...
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Im looking for a DIY cost segregation option for a small 12 unit apartment. The size doesnt justify going with a manual cost seg study with a vendor like ETS or so which would cost us over 5k. I came across this softw...
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I want to use the brrrr strategy to buy my first property, but I don’t have a w2 history. The work I do is for a waterslide company and they don’t report anything, and I cut grass as well while being a full time colle...
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My offer was accepted on a duplex but I am not understanding how my mortgage lender ended up with the loan amount. Here are the figures. If there is other info you need, please let me know.- Sale price 90,100 (The sel...
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The NAR (National Association of Realtors) just sent out this communication to Realtors yesterday, Saturday the 21st. It covers various concerns of real estate agents, MFR property owners, Mortgage lenders, etc.
For...
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Wondering if someone knows the answer to these tax questions... perhaps @Steven Hamilton II ?If you use a line of credit to finance the purchase of a rental property (not a HELOC), I know the interest is tax deductibl...
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hiJust had an issue with a water heater at rental property and found out that water damage not covered with the insurance policy for my rental property.I am not very happy with the current Insurance agent since he did...