Deed is your name, mortgage is in previous owners name, you've been paying the mortgage, do you write off the interest? My accountant says I can't...

I have been running numbers on potential SFH BRRRR properties. It seems best case scenarios have been that your total out of pocket cost in the end is little to no money for the exchange of time. However, after the re...

I just had a tenant move out of one of the units in my duplexes (in Kansas City if that matters), and it looks like there is some repair work that needs to be done on the cabinets, paint, carpet, door handles, etc.Whi...

I've read about building credit with the LLC by opening accounts at Home Depot or Dun and Bradstreet. But the mortgage brokers I've called have told me you can't get a loan to an LLC. Furthermore they've told me they'...

Hello all!We are small time landlords in the DMV area. We decided to turn our home into a rental because we pay very little on it and it seemed like a good investment to keep. We renovated it -mostly cosmetic but also...

Hello Everyone,This web-site is GREAT and I have learned so much.  Now, here is my question.  I hear most people say don't quit your day job to invest in Real Estate until… And, I ask Why? Wait…. Let me clarify, I'm n...

Hello All,What tools do you guys use when researching/analyzing a potential market?

I found a really ugly house today. Going for half the price per square foot of the rest of the houses in the area. Huge potential, but one of the limiting factors is the Mansard Roof.Have you ever purchased a house an...

I'm a new investor just starting out (no deals yet) and just won a HUD bid with the following numbers. Since this is my first possible deal, I wanted to get some advice/feedback/opinions please..

ARV = 240k
...

Hi, I'm under contract for my first property, a 4-plex.  I received loan estimates from 3 different companies (30 yr conventional).  Two of them are in contention.  1 has a lower rate by 0.25% and the other has closin...