I'm curious to hear how other people account for phantom repairs when looking at a deal to purchasing a rental property. By this I mean the depreciated value of having an older roof, furnace, etc. in a house you are l...
I have one property with a partner that we paid cash with. It is a modest $300/mo for each of us.NOW - i have an IRA that i would love to use on a couple of duplexes to really get my feet wet individually. but i am ...
Last night I went to my first meet up group with Temecula Valley Real Estate Investors. The night was very informative and the presenters and guest speakers appeared to be very educated and have been in the industry f...
Hi Everyone,
So I have a question. I'm new at this. Just had my first tenants move into a property on Nov 1.
They seem like very nice people up to this point.
So here is my question.
Since they have moved in:
1....
Good afternoon everyone! I'm new to REI and was wondering if any of you would share with me any tax breaks that you know of or implement in your business. I don't know if it matters, but my goals are to buy, reno and ...
Talked to the local bank this morning about a SFR they had. In our convrsation, he stated they just got a Duplex back. Currently rents for 1050 with long term renters.
I ran priliminary numbers and it looks like a go...
Pros and Cons of managing properties that the banks are sitting on?
I am considering buying a deal with the following numbers (provided by the seller):Current purchase price 309,000Sq. Ft. Actual Monthly / Actual YearlyUnit A 1000 / 12000Unit B 775 / 9300Unit C 885 / 10620Unit D 575 /...
I'm talking to private lenders but I can't seem to find info on some of them. BBB.org, reviews, etc. Are private and hard money lenders required to have a license? E.g., NMLS
How do you guys vet a lender to make s...
Hello all,Need advice on below, would like to know from experts if we are missing anything and how is this deal overall.We just started researching about investing into commercial real estate and stumbled upon this pr...