Mindy Nicol
St Augustine - 2 home renovation, STR and upcoming flip
Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $230,000
Cash invested: $150,000
Historic bungalow on .5 acre with detached tiny house. Both rented at the ...
Thomas Bullock
Things to look for in a real estate geared CPA
I'm looking for a new CPA this year to help utilize tax advantages. I own one multi-family real estate property so there isn't too much required but I would still like to start building a relationship with a solid CPA...
Shawn Connors
Disclosure in Agreement of Sale
Hey BP!I have a question for all the wholesalers out there. In your AOS do you have a clause in there which states that you will be making a profit from the purchase of said property or do you disclose this to the se...
Katy Fry
CPA and Attorney - Which State?
Hi, I live in North Idaho but will be investing just over the state line into Washington due to affordability. Doesn't mean I'll never invest in Idaho but at this time, this is what it's looking like.I would apprec...
Victoria Stone
Can repairs be deducted frm income if done when I'm living there
My accountant tells me that yes, if I have repairs like windows and fixtures fixed when I'm still occupying the house, I can deduct these. Is this true? She says as long as I move out fairly quickly after that it's ...
Brady Hurs
Newly Starting and...Confused.
I'm going to be totally transparent here.I'm getting tangled with the "analysis paralysis". I'm learning a lot but after reading many posts and listening to many podcasts, I'm always left with more confusion. The answ...
Cameron Rockwell
First House Hack transformed to rental
Investment Info:
Townhouse buy & hold investment in Virginia Beach.
Purchase price: $155,000
Cash invested: $1,100
Just moved out of this house as a primary residence. House is 3 bedroom 2 and a ...
Satoshi Tanaka
FHA First-Time Homebuyer Loan Advice
My friend and I are looking to purchase a duplex to “house hack” (live on one side, rent out the other) in Columbus, Ohio, and would like to utilize FHA’s 3.5% down first time homebuyers loan.My friend has a job as an...
John O'Leary
Apprenticeship - Pay to skip the line - Partnerships equal rocket ships
I often notice similar posts in this forum from new wholesalers seeking guidance. Here are a few things to consider..
Work for an Established Wholesaler:
Consider finding a reputable wholesaler in your local market ...
Tyler Rowley
Cash-out Refi - Rental Property
Hey guys: I want to maximize my LTV for a cash-out refi for my two-unit rental property in Rhode Island. I know 70-75% is pretty standard, but I’m wondering if people know how to get 80-90%. Excellent credit, if that ...