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6 February 2025 | 10 replies
This could significantly increase the sale price and net profit after selling.Pros of Selling: Immediate large cash flow that could be reinvested elsewhere (stocks, other real estate).
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5 February 2025 | 4 replies
.$70k out of my pocket cash and sell the house when it is done for $360k to $400Kclosing cost $40k so 360 - 40 = 320 - 270 = 50K profit or 400k - 40k = 360k - 270k = 90k profitthe $360k is conservative for sale price chino hill ca.at least that was what i had bouncing in my head
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29 January 2025 | 15 replies
You just have to be careful because some sales agents will just advise you to over improve the property because it makes their job easier.
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6 February 2025 | 4 replies
You owe two taxes:A. capital gain tax on $150k ($500k sale - $350k purchase) PLUSB. depreciation recapture on $100k of depreciation taken.Now, let's assume that you messed up somewhere along the way, and you only took $70k worth of depreciation instead of $100k.
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29 January 2025 | 0 replies
The property is a single family home that is on sale for $179,000.
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31 January 2025 | 1 reply
I was recently exploring a two-story commercial building for sale on a corner in a growing downtown area.
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4 February 2025 | 0 replies
Mastering off-market acquisitions, sharpening your sales skills, and structuring deals for maximum profit.
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28 January 2025 | 9 replies
Here are the specifics on our Seattle house: 5br 4ba 3,400 sq ft, built in 2019, $1.7M est sale price, $5.5K-$6K/mo est rental value, 4.0% mortgage with $3.3K monthly payment, around $1M in equity.
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26 January 2025 | 12 replies
of course the sale of hurricane damaged houses also confuses the issue (my house had no such damage but is only about 4 blocks from houses that did).
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30 January 2025 | 0 replies
.- Strategic Partnerships: Building direct relationships with REO asset managers, bankruptcy attorneys, and bank liquidation teams can provide exclusive access to bulk sales before they go public.- Bulk Purchases & Portfolio Acquisitions: Banks and hedge funds often look to unload non-performing assets in bulk.