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Could you please let me know if the interest in Step 5 below would be tax deductible:1) Buy Property for $100k. $20k cash down, and $80k loan (for simplicity, say interest-only)2) Property appreciates to $150k3) Refin...
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Hello,
My family will soon be selling the family business, roughly 3-4 million dollars is the estimated sale price. We hope to purchase/build residential rental properties with this money, we already own outright tw...
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Hi, I am looking to connect with anyone who has previously bought a commercially zoned property and converted it into a short-term rental. More specifically, I am looking into an off-market property that is historical...
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Please help me determine weather this number makes sense to you guys. Any feedback is much appreciated. 11k sqft total building prime location with walmart anchored asking price: $4.7million CAP: 6%100% leased (all NN...
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I wanna work on my estimate of repair numbers as accurate as I can before I see the property. I know once I get my inspections done I’ll have a more accurate number to work with but is there some formula to use that g...
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Hello, everyone. :)I am a rookie real estate investor located in Miami, FL.I am looking to buy a property in North Florida or out of state. Also, I would like to connect with other investors in Florida!
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Hi all, title says it all. Where to invest in Kansas City, KS? Best place/location. Interested in multifamily 2-4 unit. Want to do low money down as well.
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Planning on purchasing a condo in Tulsa, Ok and was calling around insurance quotes. I called Allstate and asked for a quote on a landlords policy. For a decent policy that covers fire etc they quoted me $187/month.
T...
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Hey everyone. I'm looking at multi-families on the MLS, but I'm a little confused. Some of the properties are going for 4-500k in my market, but they don't produce 4k a month in cashflow. When does the 1-2% rule co...