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Hi Everyone,My name is Ripple Shah and I'm in the process of buying my first rental property. I'm 36 years old and have been working in Finance IT for the past 12 years. I have been getting guidance from a family fr...
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I just bought a duplex which one was rented and one not. Both units where in need of some repairs but I'm not sure what is a tax deduction and what I have to depreciate. I know the painting and cleaning can be deducte...
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Hey everyone, currently living in a house-hack (over/under - we live in the upper unit). Original plan was to move on after a year, but we really like the area. Problem is, it's a wood frame construction, and the nois...
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I spotted a motel listed on the Georgia Revenue's list from their site. It shows the taxes have been reported delinquent since Q1 2017 so I'm concluding the motel will go in a tax lien sale in 2018. I've heard of tax ...
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I bought a list and started writing letters and I started checking some of the addresses and noticed that a good amount of them seem to have been bought within about that last 6 or 7 years. Again more than half of ...
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I'm looking to do a study here on the market for Ugly Houses. I know there was the major campaign by homevestors, but for today's market, does anyone here buy ugly homes to fix up and resell? I'd like to look into m...
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I notice many new people on the forums calling themselves a real estate investor but they also state they have never done a transaction of any sort. Now I am one who believes in thinking positive and seeing yourself ...
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Just wanted to share a small success story with BP. I recently bought a REO condo as a rental. I had a hard time talking myself into it because I HATE condos but alas, I did it. Here is the brief story:
Condo is a 90...
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I'm trying to run the numbers on this 2 unit Duplex in my home town of Port Huron, Michigan. So, with the land contract terms of $115,900 at 6.5% with a 5 year balloon I would pay roughly $732 a month to the seller f...
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Hello all I am currently in discussions of listing a townhome in Phoenix for a current client. He wants to sell it to investor preferably and not deal with an traditional sale. The issues I am having is trying to sell...