Whats up, BP people? So, if the inspection of the structure pans out, I am getting an insane deal that will allow me to get into a rental market with high demand but no supply (outside slum lords). Problem is, this ho...
I am getting started with purchasing rental properties and am still stuck on setting up the structure of my business.I plan to either use personal or commercial loans depending on the best deal for the property. If I ...
My brother is building a home and knows I'm starting out in the real estate world. Currently I have one single family rental. His real estate agent wants to list his home for 345,000(Not signed yet). He has offered to...
One of the biggest concerns when underwriting is when increasing rents by over 100 dollars and doing value projects, how much should vacancy increase in year 1. I talked to more experienced investors. Experienced inv...
My brother just lost his job and I want to ask him to roll over his 401k into real state with me. How can I ask him without sounding dumb? All of my brothers think I’m crazy investing into real state.
As a new landlord, I wanted to ask the veterans on tax deductions for expenses I incur on the rental property.things like: Bathroom Remodeling expenses made by me.. (or by contractor), plumbing expenses for unclogging...
Today my CPA told me that I cannot take the full amount of depreciation on my rental this year because my adjusted gross income will be over $150k. He said we can defer the deduction until we sell the property or AGI...
Hello, just wanted some feedback from those that have been involved on using private financing to fund previous deals. I am not soliciting for an investor just for feedback. I am requesting $15,000 amount on a 6 month...
What are your thoughts on escalator clauses? I saw in other forum discussions (from years past, nothing too recent) that people have had some success with them. Obviously they make more sense in hot market like righ...
My wife and I are searching the markets in Texas to purchase our first STR. As we search, the numbers Pricelabs is showing for revenue and occupancy are just not there. We have looked into Canyon Lake, Buchanan Dam, L...