Amazing how many deals get lost because of poor training, education, and simple Math . Most investors go into a deal worrying about the price and cap rate. Lets share an example here: These deal may still be available...
We have a 2 unit building that we have lived in for 10 years. The renter lived there before we bought it. It was/is our first place, the renter was clean and worked a stable blue collar job, and it was easy to keep ...
Bonus depreciation is a powerful tax benefit but even some of the most seasoned real estate investors have never heard of bonus depreciation. Why not?
It’s traditionally been a tax benefit reserved for developers tha...
Hello everyone! From what I've gathered, when converting a property acquired via a 1031 to a primary residence, one needs to be very careful to not trigger tax consequences by rkeeping the newly acquired property for ...
Hey all, I read David Greene's BRRRR book and am really interested in implementing that strategy. I work full time in the film business in Los Angeles but my schedule is flexible. I own a very hands-off SFH rental in ...
I just went read the articles at
http://birddogprofits.blogspot.com/
and it suggested asking a title co. to get a list of absentee owners to save money over a regular list broker. Will the title co. know what I'm ta...
Ok, Im new to this. Can people please run these numbers and let me know what you all got so I can bounce off of it.3 bed 1 bath 1 car garageForeclosure 65kput in 5k for 70k financedtax 830/year insurance 600/yearestim...
This is a good problem to have, but I have no idea what the best way is to handle it. Hubs and I closed on our first ever income property last Friday. It's an unoccupied duplex in a so-so part of town (but on the bo...
My wife and I purchased our first property in 2013 and just closed on the sale after renting it out for 4 years. We made $170,000 on the sale of the house. We want to invest most of it in real estate. I'm an Apache He...
Hi BP,I have just closed on my 5th buy and hold deal :). The property was purchased and renovated for cash using funds from a HELOC. The strategy is to do a cash out refinance to pay down the HELOC and hold a mortga...