Ola,How does an interest only loan work? Lets say for example I want a hard money loan for $185,000 interest only at 9% for 2 years. Does that make my total paid after 2 years = 16,650 / 24 months = $693.75. Thanks fo...

Hi BP! I have read various posts regarding flipping houses under an s-corp, and am still trying to figure out what I should pay myself as a reasonable salary to not raise any red flags. I just started my s-corp and ...

Gross Rental Yield: annual rental income divided by my property’s value/price (multiplied by 100 to get the percentage).  Where Property's value/price is comprised of the purchase price, all closing costs, and any ren...

We bought a gas dryer for a new property acquisition on the 10th. Lowes at the Waterfront totally screwed up both the service address (they gave the installer our home address) and the phone number (they gave the inst...

I have an offer on 2008 manufactured home (3 bed, 2 bath) on .27 acres. There is also another 2 bed 1 bath unit on the premises. The price is $215k. I'd put 5% down and house hack. I could rent the two for at least $2...

Has there been any movement on reinstating 100% Bonus Deprecation for the 2023 tax year? Any insight on if/when that will still happen? 

Hey guys. I would love some guidance on this, as this is the first time I have encountered this situation.A seller's broker (I have purchased a 16 unit apartment from this broker before) is trying to get me to sign a ...

Hi Everyone, 
Novice RE investor here. My qualifications are that I've been a resident manager for mid-sized, commercial multifamily properties for a long time- but didn't deal with the finance side of things- just r...

Flipping Properties requires two things
1. A property you can get at the right price, and improve for a higher ARV
2. An exit strategy...(some one to buy the property)

In this market we see an inefficiency in many ...

I like the idea that this is up to date which no other exam prep I've seen mentions. Written by law makers that created the test questions. However, there is absoloutely no information on the website, which is only on...