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Hi BP,I got a lead from a direct mail. The house has an ARV of 105 but has been vacant for about 5 years. The owner lives out of state and owes about 11K in taxes to the county. Honestly, I don't know how this hasn...
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Hello all! Currently in the process of renovating our first rental property. The property is a duplex in MN. We currently have one side rented out and are finishing up renovating the other half. We haven't had much ...
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Looking for my first deal and came across a large house conversion that has 7 units in it. Total rents come to $2500.00. After expenses property will cash flow $750 per month. I have had a lot of people tell me to ...
So I do day trading at home - it uses to be an apartment but it was a good year and I bought a house outright.Can I deduct the space I utilize in my home as a business expense on next year's taxes?Also do I need a bus...
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Hello BP! My husband and I are still pretty new to investing (under contract right now for our first OOS duplex in Indiana!). We are very excited for our first rental property! Anyway, my mother-in-law mentioned over ...
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Hello forum members.My wife and I have a primary residence in NY and we recently closed on an investment property in FL. I have both mortgages on using my credit and my wife is on the deed only. She has no involveme...
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Hello all,
Question for all of you experienced investors out there! My wife and I are starting out our investing journey and we’re deciding which direction to go with for our first investment. Single Family (Live N F...
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I don't undestand the implications of all the easement violations. Can someone provide some advice/guidance in regards to this? TIA
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Hi, I'm seeking some general advise. I have zero experience investing in properties/homes and primarily am seeking first for my family but also interested in investing.Recently I stumbled upon a potential investment o...
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Hello,I live in Tacoma and I'm trying to decide if my wife and I should sell our home or rent it out. It's 3 bedroom, 2.5 baths and 2300 square feet. We have around $170k in equity. Selling would be nice to pay off...