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Hello BP FriendsI'm a Licensed Electrical Contractor based in Montgomery County, Maryland. I am looking to switch to Real Estate Investing Full Time and continue with my Electrical Business doing consulting only.My Ph...
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What is the better strategy? Owner finance or Rental Property?
When initially assessing a deal, how should I account for income tax on the rental income? Without an accurate number for write-offs I'm having trouble putting any faith in my calculated ROIs.Thanks!
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Hey everyone,
I’m exploring the idea of creating a software tool designed to streamline the due diligence process for commercial real estate transactions. I know many of us currently rely on spreadsheets and manual c...
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There is a property in town that has a duplex (which I want), but it also has a house that is legally a part of the same parcel. What are my options of setting up a sale where I can get another investor to buy the hou...
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All, I bought a duplex with my sis-in-law in 2004 I lived there till 2009. It is a 3BR and 2BR. I own the 3 (59% of built up space) and my SiL owns 2 (41%). From day 1 we paid everything based on this % of ownershi...
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Good early morning/evening. I am looking at possibly buying a vacation home somewhere in arizona. Condo or SFH/townhouse 1-2 bedrooms. What is most important are access (near airport), safety, and location. Lookin...
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We have one rental property and more to come. Live in South Florida but moved from CA a few months back and working a job in Manhattan - so paying taxes everywhere. I’d love to chat with a few CPAs to see who is right...
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I got 2 property's for 28k. I they are both inhabitable and in good shape. could use some paint and love but there great deals . in the area homes are going for 42k... hears the thing I lock these types of deals up ...
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Say you're in a scenario when you're trying to minimize the time between closing on the sale of your old property and closing on your newly purchased property. I know for 1031 exchanges, you could have a new property ...