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10 December 2024 | 0 replies
Purchase price: $25,500 Cash invested: $10,000 Sale price: $69,900Quick Fix & Flip.Property was completely deserted & the family was indecisive about their plans for the home after a recent passing.
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23 December 2024 | 34 replies
If real estate with proper fundamentals is purchased well and appreciates, there are a few avenues to pursue: LTCG tax treatment on an eventual sale; deferring taxes through a 1031; or a refinance where there are no tax consequences.
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11 December 2024 | 7 replies
Overall sale prices of homes are lower than most areas so that 100-200K can be multiple down payment on investment properties.
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10 December 2024 | 0 replies
Purchase price: $290,000 Sale price: $72,500 Two-story duplex, each unit with 2BR/1BA.
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9 December 2024 | 1 reply
The original deed listed multiple owners and percentages including her 8% interest, and now myself and the other owners want to sell the property---how do we get this retitled into my account (or my name) in order to facilitate the sale?
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17 December 2024 | 36 replies
In my limited experience with this small number of syndications, they were very desperate to buy basically anything in order to have "deal flow" (these properties were not for sale, they approached me off market and made me ridiculous offers which I couldn't refuse despite not planning to sell these properties for another 10 years or so).
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13 December 2024 | 10 replies
@Joseph Pelensky It does not appear you will have the required closing costs needed to purchase a $700K building through a refinance or sale of your $285K duplex.
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10 December 2024 | 39 replies
James makes some good points, but I disagree about the sales value.
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15 December 2024 | 19 replies
I dont think it would affect the sale too much, as satanic rituals arent something that has to be disclosed but who knows that could change in the next four years hahaha. imagine.
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11 December 2024 | 4 replies
If so it might be hard to sell the management side of the business as the the real estate sales may be also under the same company structure.