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2 January 2025 | 53 replies
If you cannot sell the house for close to $150k and have a non-recourse loan, you should analyze if it makes sense to walk away from the property.
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24 December 2024 | 14 replies
I’m sure someone will tell you that you can transfer title of the house after closing, but what purpose would that serve?
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23 December 2024 | 14 replies
You’ll still need lots of due diligence and time closing your first investment, so why not get more units with similar effort?
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17 December 2024 | 2 replies
The stores are supposed to be 24 hours and they’re often closed due to staffing issues.
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29 December 2024 | 253 replies
My portfolio is nowhere near what is needed to replace my current income so I would have to quit and become a full time realtor to make up the difference, but that sounds better than being stuck in my cubicle.Was there any issue with being at 21 properties and thinking you were close enough, why not quit then?
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18 December 2024 | 15 replies
Using the deferred tax as part of your reinvestment will do wonders for what you are able to buy.You get access to greater reinvestment potential, as well as not having to recapture any depreciation.If you do need access to some cash, you can either take some out as part of the closing (only the cash you take will be taxed.
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19 December 2024 | 2 replies
Dennis, I wish I was able to have grown up close with friends like yourself or even had that nowadays...WOW!
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18 December 2024 | 3 replies
Or ask for closing in 4-6 months when your house is done.
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18 December 2024 | 45 replies
I'd look closely at the Texas market as opposed to Detroit.
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17 December 2024 | 36 replies
They don't care what happens after the deal is closed.