Investment Info:
Single-family residence fix & flip investment.
Purchase price: $230,000
Cash invested: $35,000
Sale price: $335,050
Home flip working with inheritor to bring the house fro...
Hello all,I am reviewing a decision if I should buy a 6 unit building with a septic system. The owner claim that he just invested 40k in a new system recently.The price is right and the area is good. Should I buy it o...
My family is in a desperate situation and I don’t know where to go for advice but here.Recently my mother took out a Home Equity Line of Credit of $975,000 on our primary residence worth ~$1,500,000 which was entirely...
I talked to security/the HOA office and it was pretty clear prior owners have not been around for a while. The office had a key. I entered unit after having knocked vigorously. Yelled "is anyone here". Nobody was ...
With all the investors out there trying to scoop up property, the hot market, and the interest rates hiking “house hacking” has an edge. Here’s why, because you can pay more for a property than a typical investor, tak...
Hey everyone!
So I've gone through, and taken notes on Brandon Turners, 'The Book on Managing Rental Properties', which is phenomenally helpful to get a lot of groundwork, and structure towards building a business...
Today we're going to talk about what are the most significant advantages of buying rental properties.
The first one is passive income. Perhaps the most significant benefit of owning rental properties is the passive...
If you do a google search for "The best places to live" there are lots of sites that give a broad range of cities both large and small with ton of data supporting their claim. You can find lots of good information and...
If I own an LLC that sells engineering consulting services for, say, $20,000 in a year, can I use that $20,000 to make a downpayment on an investment property, and then tell the IRS the LLC had $0 profit?
We have a tenant (RI) who has rented out a room in a shared apartment that would like out of their lease early. We are ok to allow this but want to charge a turnover fee which would equate to the same amount as the se...