Zach Rumfield
What does it mean when the MLS says a Single-Family sold for less than $5,000 Dollars
7 January 2025 | 5 replies
Basically, lowering the sale price as long as the buyer pays all the owed taxes as well.
Kyle Carter
Selling a property
4 January 2025 | 2 replies
Real estate is not the stock market and it's called buy & hold and not buy & sell for a reason.I did sell a few properties about 10 years ago when I learned the hard way that going into cheaper neighborhoods was not the right strategy for me, so that was basically a strategy correction and it was necessary, but also costly both in terms of dollars and time.
Daniel Baker
Considerations when selling.
15 January 2025 | 6 replies
If I sell the property for 130K, after assciated closing costs, I will basically break even.
Isaac Watson
Top Tips For Purchasing Small Multi-Family Through Creative Financing
12 January 2025 | 3 replies
If that's what you're really after I would start with the basics of what kind of bank loans either residential or commercial are available to you - not saying this is the best option, but it's a good place to start.
Collin Luckett
Raising Money / How to Structure
9 January 2025 | 9 replies
This is for basic informational purposes I am not an attorney and this is not legal advice.First, if you offer to purchase a property using a HELOC to fund the purchase you cannot later back out of the agreement because you couldn't find PML or investors.
David Mile
WHAT IS A 1031 EXCHANGE AND HOW DOES IT WORK?
16 December 2024 | 2 replies
You need to take note that the different guidelines are important and you need to follow the different basic guidelines accordingly if you want to take advantage of the 1031 exchange.
Jamie Parker
Multifamily Analysis out of state.
6 January 2025 | 8 replies
So basically its a "warm and fuzzy" about a property.
Brandi Jefferson
Hi! I'm happy to finally join the community!
15 January 2025 | 18 replies
To me, having one mortgage payment for 2 - 4 houses (basically) always seemed interesting and like something that would give me more bang for my buck.
Carolina Solorzano
Anyone investing in STR in Niagara Falls?
14 January 2025 | 17 replies
It's worth mentioning the STR regulations are relatively new, and I think some properties currently operating are basically grand-fathered with the old permit, and I don't know if being a new owner one'd be able to get a new permit if it's not in the designated location.
Rene Hosman
Have you ever moved your HSA to get better investment options?
15 January 2025 | 10 replies
Typically, you can only do one rollover per 12-month period (again, IRS Publication 969 has the details).In the end, having the option to invest your HSA funds is usually a better bet than letting them sit in a basic savings account.