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Hello, Quick question is the 70% rule used in LA county?
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Would items that are typically depreciated over 27.5 years (ie furnace, flooring, water heater, doors, etc...) be allowed under this act if they are less than $2,500? Additionally, would appliances like a fridge be al...
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Investment Info:
Single-family residence Fix and FLip.
Purchase price: $335,000
Cash invested: $56,845
Sale price: $505,000
This was our main residence for 2 years. During this time my wife an...
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Hi! My name is Richard Neumann and am a 31 year old near Belvidere, NJ. I have renovated 3 rental properties and 2 personal properties with my father. He has been the money and I have been the labor. I'm a mechanical ...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $420,000
Cash invested: $30,000
Purchased an existing short term rental that had been almost entirely renovated, bu...
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Newbie here! Just going through the site. Noticed a property in Erie, PA (out-of-state) that looks like a great BRRRR possibility. Does anyone have any intel/info on the Erie market? TIA!
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Hi All,
I have never been a "credit" building type of guy. Through this site and other avenues, I have learned the importance of credit/debt as a tool.I've always paid in cash and never had a great paper trail to bui...
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Hey everyone, I'm a new investor in the Charleston area and have been working to build my team. A good friend of the family, a contractor who lives in the area and has been doing real estate investing for about 30 yea...
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Hello all, I am a home health physical therapist, and I am on my way to earning a degree in healthcare administration. I intend to open and operate my residential assisted living facility in MI. Does anyone know the a...
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I want to get started in real estate, but don't know how. Eventually I want to own several rental properties, but don't know how to get there. Should I start by flipping houses? Turnkey? Storage units? I'm not sure. A...