Someone I know bought a property in the 70s to use as a second home. They did this and then turned it in to a rental, self-managed, after a number of years. They never took depreciation on the property for whatever re...
Hey there. Tony Fox from CT here. Looking to see how I can buy homes at auction. My dilemma is that I do not have enough liquid to potentially bid +$200k and compete with bids. I've been doing some research but wanted...
Everyone makes mistakes now and again when filing a tax return whether it be forgetting a deduction, missing a portion of your income, or improperly depreciating an asset. The IRS has multiple ways that these errors c...
Like most newbies I have very little money to work with on starting out, but I am very good at marketing, getting leads, and working on negotiating and closing.After feeling out the seller, figuring out what their bot...
Anyone have a favorite web based remodel estimator tool? ideally one that accounts for geographical location. Is it best to simply reach out to contractors? Looking for very rough numbers.
Hi there,I'm looking at a turnkey duplex (2 bd, 1 bath each side) on the eastside of Indianapolis and was wondering if anyone knowledgeable can give me insight into the area in terms of crime, tenants and general comp...
Primary residence not investment. With rates at 2.875% on a 5/1 thiking of refi from 30yr. where I have 4.625%
What are reasons why or why I shouldn't do this. It would save me $400 a month in payment.
Thanks
Hope I am posting this in the right forum.....
I purchased a house with an existing tenant. They had no lease in place, but have been paying on time. It has been 6 months or so, and I want to get them on a lease, a...
Hello,
Looking at properties at the moment within Wilkes-Barre, Scranton, Pittston and Nanticoke. I have a few on my radar. Anyone that has had success in flipping in these areas? The properties I’m looking at are ...
I am interested in a house at a good location. The house is priced right and I got into a bidding war. My bid is competitive (all cash and no contingency). After a few rounds of bids, my agent told me that the sell...