My wife and I are closing on an owner occupied duplex later this month - tenant is already in unit B. The home is in great shape, but bathroom and kitchen are outdated. We want to maximize deductions and are looking f...
Hello all! I am writing this because I’m having trouble figuring out where to take that first plunge. Very irritating because I wanna jump in so bad! I live in Southern California. Ventura county to be exact. I have a...
http://www.usfunds.com/investor-library/frank-talk/what-does-it-take-to-be-in-the-top-1-percent-not-as-much-as-you-think/#.VJbSI8BE4
I enjoyed episode 250. Congrats guys on making it.I think Grant had some good content to challenge my paradigm on investment strategy. However, his view on not buying houses doesn't make sense for the following reas...
Good afternoon!I have been reading books/forums and have attended some local Investment info. groups near me, I know that investing in rental properties (owner occupied to start with an FHA loan most likely) is what I...
Hello All,It's been a long while since I've been on the forums, but I have finally decided to get serious with purchasing a duplex this year. My apartment lease is up in August so I have set a goal to be in a duplex b...
Hello BP,
I was hoping you pros out there might be able to give me a strategy that would help my mom stay in her house.
She owns the house free and clear but the house is very big, the RE taxes are high, the upkeep ...
Hi everyone!After a lot of learning & reading I've made my first offer on a 4 family building in Brooklyn, here are the numbers:Price: 1.28M (FHA 3.5% downpayment = 44.8k, closing costs = 32k -> total money dow...
The situation: Moving to Detroit and need to stay in the downtown/metro area for the next 3-4 years. Have savings built up that I initially earmarked for real estate in my hometown but with the upcoming move I'm wonde...
Greetings,I moved to California in 2013 from the good ol' (might I add, inexpensive) First State. My spouse and I are stationed here and may be here for a very long time. I'd like to see an opportunity in living in th...