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11 November 2024 | 2 replies
Hi Everyone,Hoping someone can break down in simple terms how Seller Financing and Subject to works.
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14 November 2024 | 13 replies
I don't believe you need to pay a broker for such a simple loan request.
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13 November 2024 | 12 replies
Not brainiac stuff here, but in the end, it's the simple-but-tedious work that gets the best results.
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21 November 2024 | 305 replies
I keep the lease simple: One year and all tenants are jointly and severally liable.
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12 November 2024 | 1 reply
Cost segs unlock these savings, but the losses won't offset your ordinary income from your job unless you are an RE Pro.Here's how to think about RE Pro status to make the best case with your CPA and the IRS:RE Pro Status starts with the IRS definition of a Real Estate Professional (IRS Pub 925).It is not as simple as getting a real estate license or working for a firm that provides real estate services.Ask yourself these questions to see if you qualify:Q1: Are you in the right business?
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16 November 2024 | 12 replies
I do like real estate, I have a great eye for design, but would hate to have to evict someone—that would be my worst nightmare, so I’m not sure I’m cut out for being a landlord (although I would fully anticipate having a property manager)Is option #3 a far inferior option compared to keeping our expensive house in expensive city as a rental and only having to deal with one property that gives us great appreciation in 10 years ?
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10 November 2024 | 0 replies
The addition of a private balcony and standout interior design further elevated its appeal to both short-term and long-term tenants.
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12 November 2024 | 7 replies
This is a good question and to keep the answer short and simple; it is typically for the tax benefits.
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15 November 2024 | 15 replies
simple answer yes this is mostly what I see from a wholesaler and a 90 day turn is tight especially like our local market froze for all of July and August almost nothing sold.As the previous person said the wholesaler isn't in it to make the end user money.
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10 November 2024 | 8 replies
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