Hey Guys,I'm closing on my first investment property next week (a 6-unit residential property) and I'm shopping for an insurance policy. For commercial units what factors should I be considering other than the obviou...
All,I would like some clarification on earnest money. Being told that our earnest money will go towards our down payment and held in escrow until the P&S is signed. I've heard that MOST of the time you get your ea...
A friend of mine who is not a real estate investor said they knew of someone whose property taxes doubled when they switched the property to a rental. This seems crazy to me but I wanted to run it by you before I disc...
Little about me I'm 26 I work overseas as a contractor. Been around the states and have an idea I want to invest in. I have a 100k but I only want to spend 40-60k in cash on either an apartment or a duplex. Considerin...
So i've been trying to get into rehabs and flips but i am finding trouble finding a lender. The house I have found is 15k but its going to need about 30k to rehab . After repairs the value will be a around 70k however...
Hello all,I will be making my first rental property investment(s) by the end of this year and am interested in any thoughts on my strategy thus far. My overall goal is to reach financial independence and/or create a p...
Hello everyone,We just listed our FIRST (woohoo!) rental unit on the market for rent. We have quite a few interested in the property but one we scenario I'm not sure how to navigate is Section 8 housing. Looking at ...
I have a rental property (a condo) that was placed into service 2004. I started taking the 27.5yr depreciation that year, but stopped in 2010 when it became my primary residence. However, in 2015, I placed it into ser...
In January, I bought a SFR in south Jersey that needs some significant rehab. My plan was to hold it as a rental. I bought the house cash and was going to use personal funds and hard money for the rehab. The pandemic ...
TL;DR Looking to learn about the first steps I can be taking in my local area to begin with flips. I can leverage my RE license, though need help understanding financials!Longer Intro below...---Thanks to the team at ...