Lilly Olson
HELP Tax Deduction HELP
We own rental properties in the state of Arkansas. We travel to Texas for real estate education. Our mileage was 300 miles each way. We paid $70 for each ticket. $150 ticket total, plus one day of travel expenses. The...
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What to do when you find a deal?
if i find a deal and i dont know if its a good deal, ¿what should i do? Get it under contract?? Or do a CMA to know if there is equity and then get it under contract??
John Matthew Johnston
Does it Cash Flow???
So I’ve been reading a lot on BP about how new RE investors pick up properties they think are cash flowing and they end up breaking even or losing cash every month. We have a property that we are gonna BRRR. Here are ...
Ashley Rae-Lynn Taylor
Refinance with NO Closing Costs
Hi All!I’m new to real estate and just purchased my first rental property. We ended up doing more rehab work to this property than we had originally thought we’d have time for. We ended up saving money by being able t...
Pascual Torres
What to replace on property meant for rental?
I am having a hard time figuring how to estimate rehab costs for a rental property. Obviously you would replace or repair what isnt working but what about outdated things that are still functional?For example, this ho...
Stan Hrincevich
HOA Home Sales Transfer Fees: reform and restrictions needed
The Colorado HOA Forum, a large home owner's advocacy organization in Colorado, has recently completed a study on the HOA Home Sale Transfer Fee. The results should alarm every Realtor, HOA Board, and legislator who ...
Andrew Sime
Sheriff sale preparation - reading a title search
I am interested in a property being offered for Sheriff Sale in the future. I am doing my due diligence to determine what I am getting into if I win the bid at the Sheriff Sale. We ran a title search and I am revie...
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Would buying an apartment be an ideal situation?
I'm 31 with 3 little ones and I'm on my own. Once my car is paid off, which is soon I want to buy. I'm thinking of getting an apartment, using the first floor for myself and renting out the other floors. Any suggesti...
Chris Williamson
Owner financing !!! With permit issues
I have found a property that I really like that the owner is offering well below market price. The house was never finished and has permit issues that need to be taken care or before it can be lived in. I want to purc...
Scharnell Williams
1st Investment blessing.
Investment Info:
Small multi-family (2-4 units) other investment in Chicago.
Purchase price: $189,900
Cash invested: $6,500
2 flat owner occupied. Bought building rehabbed. Intend to duplex my unit,...