Hi all, I'm close to pulling the trigger on this property in Chicago. I'm going through a turnkey provider. The renovation has already been done and the property will be tenanted with a section 8 tenant. I have a bu...
What does a good CPA cost when tax time rolls around? Now I already know that this is a "it depends" kind of situation and I understand that. I'm just looking to get a ballpark idea of what would be an insane number. ...
Can someone provide more context to statements like: our loan will never report to a credit bureau because it is a private loan so DTI will not be affected....won't it show on a fraud credit report, the deep dive repo...
is it wise to invest in condos? Only thing that shys me away are the fees. But I've found a few with very low monthly fees. What are everyone's thoughts ?
Are there any hidden fees or things to watch out for when dealing in rental properties. Mean like tips, trick, or fees they don't tell you about ?
Hello everyone, and thanks in advance for your answers!My wife and I are just getting started in REI, and want to make sure we are off to a solid start. We’re planning to form an LLC, taxed as an S-Corp. to that end, ...
Hi, My husband and I are newbies to real estate investing. We purchased two condos out of state in February. We are going to do some upgrading and repairs which will result in a loss this year. Our MAGI is above...
Hi, Happy New Year! I bought a piece of land through a tax sale in 2011, in 2021 I sold as-is, owner financing, through an attorney. I have the paperwork, but the attorney no longer works on this kind of stuff. I did ...
Hello all,
I am wondering if anybody that has converted their garage into an ADU in CA has had any increases in their property taxes. I am reading the California real estate principles and it appears that the county ...
Hey BP flippers pro'sThis is the first time I've been doing a flip using Hard Money, and I've been struggling with the numbers to the point if I'm doing the math correct or not. I have used BP calculator and I also cr...