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16 December 2024 | 1 reply
We used an REO broker to find bulk packages of foreclosed distressed houses for sale from banks.
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16 December 2024 | 6 replies
If the sale of stock will be considered a capital gain, you can offset it with the sale of capital stock that is operating at a loss.
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18 December 2024 | 15 replies
This was done to protect senior citizens on fixed incomes from being forced to sell their homes due to unaffordable property tax increases.Since the passing of this amendment, all properties in Michigan have two property tax values associated with them:State Equalized Value (SEV): supposedly equal to 50% of the market value of a property, not based on recent sales price.Taxable Value: the SEV annually capped as long as there is not a transfer of ownership.City Assessors are charged with determining how much property values have changed each year.
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16 December 2024 | 1 reply
Hello all,We have a prospective family friend that would like to do a sale private party.
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16 December 2024 | 5 replies
I didn't think it is necessarily a bad thing, just is more of a sales strategy than anything else.why do you think that the concept of investing in real estate with 0 money is an "idea" instead of a real thing.
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17 December 2024 | 1 reply
That's great to hear that you're graduating and you want to get into multifamily.I would start off in a commercial real estate firm, learn the systems, the sales/buying process, how to analyze deals etc...
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17 December 2024 | 0 replies
Cash invested: $40,000 Sale price: $205,000 Strategic Market Pivot: From Long-Term Rental to High-Yield Fix and FlipThis property was strategically transitioned from a single-family long-term rental (LTR) into a fix-and-flip project after analyzing market trends and identifying a pivot that would yield better long-term returns.
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15 December 2024 | 12 replies
If you could get some interest by someone that does that, it might help you drive the price up and/or get a quicker sale too.Those are some suggestions for getting value or maybe a quicker sale.
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18 December 2024 | 4 replies
- Could have it for sale while its occupied, as its likely an investor buying it, and that would just be a condition of purchase.
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18 December 2024 | 3 replies
As an investor, I’ve had multiple sellers try to get out of an agreement after we had a legally executed mutually agreed upon sales/purchase agreement.