Frank M.
What Pre-Service expenses are deductable?
My 3 family purchase is almost ready to rent, just over 6 months renovating. I understand "Make-rent-ready costs are not deductible." My question is what expenses along the way are a deduction this year? Property taxe...
Vonetta Booker
Turning a 2br into 3br for flip?
Has anyone ever flipped a 2br into a 3br? I've got my eye on a decent-looking REO property, the numbers are okay--but it's a 2/1. The existing 2 bedrooms are very large & light-filled--and there is a smaller dow...
Sarah Dinsmore
Legal requirements to split foreclosure profit
Today we met with our title company and they gave us information (Oregon House bill 3630) which requires all sellers consult with an attorney prior to signing any documentation as they are entitled to 50% of the proce...
Jennifer Lee
Section 8 and wall anchors???
Hi all
First off, I don't know the first thing about SECTION 8.
I have a client, we are looking at a property in a section 8 rental area.
However, the house has wall anchors and it's done by a rep...
Steven Segal
Mobile Home Park Deal Flow
One of my goals of the year is to add at least 200 pads of MHP to the portfolio. I'd like this to be 2-4 parks. Does anyone have any good insight on bringing in deals? So far we have done mailers and mobilehomeparksto...
Aaron Malejko
Starter home turned rental
Investment Info:
Single-family residence buy & hold investment in Canon City.
Purchase price: $106,000
Cash invested: $15,000
2 bed/1 bath home. Probably built in the 40s. Full finished basemen...
Stephen Burden
New OOS investor building my Orlando team
I'm a buy and hold investor from Portland, Oregon. I'm looking for my first rental and one of the markets I'm looking to target is the Orlando area for buy and hold properties. My first few properties would ideally ne...
Isca Harmatz
turnover costs Cleveland
hello,im trying to analyze a deal in garfield hts.does any one has a general idea about how much does a basic turnover - paint + cleaning for a 2bd/1/bath apartment cost in that area?thanks
Adam Khalil
Offering too much on a property?
Just saw a home that needs some work. Bank owned listed for 53K. The realtor got wind that there are plenty of offers all above asking. Bank owned and it's a really good deal and we are about to write an offer up for ...
Bill Goodland
Walking my first potential flip property
So I'm walking my first potential flip property with a friend and potential partner who's family member is willing to lend on a flip. Found a potential good deal on the MLS. 3/1.5 SFR listed at 175k, flipped comps in ...