Hey everyone, it's Michael. So as many of you guys may know, over the summer I am looking to get an internship with somebody near me. I live in westchester county New York but what I'm looking for is to work for an in...
Hello Everyone! I am planning on participating in an auction to purchase a house through a Tax Deed.The comparable for houses sold in the area shows the house could be sold for 220K after the title is clean and repair...
I just had tenants move out a week ago and have incurred some significant expenses getting it cleaned and ready for new occupants. This is a class A rental that was spotless when the tenants moved in 1.5 years ago. ...
Hey everyone, so I’m just starting my RE investor journey in the inland empire in Southern California, I’m looking to use the BRRRR method with either a partnership or hard money if it’s possible in this market out he...
Every Podcast tells me the answer is yes, however every time I talk to my accountant he says that depreciation isn't always worth claiming. He mentions that when you go to sell the property or if you pass away you...
As I begin my investing career, I've heard more than once that one can get the "deepest discount" on an investment property if it is a cash offer.
Excuse my ignorance, but I don't understand why?
There still has to ...
I was told when talking to guru's that when buying an investment property, to make sure that it is purchased as an LLC and insured as one as well. From my research (NJ), no bank will lend to an LLC (meaning I cannot ...
Long story shorter: A few weeks ago I had the siding replaced on 2 sides of my rental house. The tenant knew I was going to have work done at some point but I didn't have a date until the contractor called back with a...
California - Ventura CountyI am currently in a rut with my HOA Board and the management company. Homeowners are expressing concerns regarding maintenance that needs to be conducted and the management company is insist...
I am well aware of most of the tax benefits for an active REI or as the sponsor of a syndication, but are the tax benefits the same or different for a passive investor “member” of a syndication?
I am about to run a s...