My wife and I recently decided to pull her retirement to purchase a rental. She has about 20k in all together, and we are aware we will take a tax hit up front. We believe this is the best decision for us at the curre...
Hello! So I've been looking at some properties to owner occupy (But turn into a rental in short order! Hopefully I'll find something good for a live in BRRR), and with how screwy everything is with financing right now...
in being my first investment adventure, I thought everyone in my family (wife, daughter and son-in law, even my parents) could see what an incredible opportunity this was. My wife love HGTV. Everyone said they would l...
I wanted to share what I have learned about transfer taxes, how they affect the value of homes, and ultimately your profitability. It can be tricky, so I wanted to share my research and some conclusions.
First of al...
Hello everyone. I am working on purchasing a triplex or a quad and have two questions that are preventing me from making any forward progress, and I would really appreciate any input.
1. Currently I am living rent f...
do you get a property under contract using a lease option agreement and then sell the option using seller financing? also if i need to rehab a property do you get a hml? how do you factor the cost in for a hml into yo...
I'm not and most (if not all) of our friends (and relatives) aren't. Perhaps this is because of where I live (Northern Virginia). How about the rest of you?
I am a teenager who is in dire need of help before I decide my future!
I do plan on going to college at the University of Utah as I have excelled at school and am going to pay for college with scholarships and parent...
Let me get y'all's opinion.Asking Price: $265kOur Offer (repairs needed): $230kTheir counter: $265kOur Next Offer: $245kThey declinedOur Final offer (matched a previous buyer who backed out): $257.5kSuper stubborn fol...
My husband and I are interested in buying our first rental property (single family home < 300k) in ABQ, but live out of state. We have family that live in ABQ that can help us. We'd love some opinions on any of the...