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11 December 2020 | 119 replies
Unless you're dealing with properties in the $800k territory, then take a $5k-$25k assignment fee and you'll likely build strong relationships with some cash buyers that will work with you for years and everyone will prosper.
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19 January 2021 | 5 replies
You're getting into debt financed distribution territory in your latest post, which generally increases the amount of work your CPA needs to do and therefore your fee.If you can't speak to your CPA without him or her charging you hundreds of dollars, or if your CPA can't convey concepts and holistically advantageous paths forward to you, you should probably look for a new CPA.You shouldn't have to learn tax law and strategy just to talk to your CPA.
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27 December 2023 | 16 replies
So yep, turns out, I needed to sell by July 2023 to claim the capital gains exemption.So now that I've missed that boat, my options:Continue renting as is and make about $9K a year but let the renter pay the mortgage (will still have to spend $10K on a generator)Increase the rent and get to $15K a year and let renter pay the mortgage (will still have to spend $10K on a generator)Spend about $100K building an ADU, pay an additional $10K to add a generator (we live in hurricane territory) increase the main house rent and get a second property but now have an additional $100K payback for the ADUSell, pocket the approx. $315 and get about $15K on all the current 5.5% savings accounts.The latter seems to be the most attractive.
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6 January 2017 | 9 replies
I am a wholesaler and New Haven County is my main territory.
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4 July 2023 | 10 replies
I am sure you can somewhere within that patch of territory.
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12 November 2023 | 0 replies
Hi all,Looking for some advice on Lennar Territorial Commons Dayton, MN township.
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29 December 2023 | 2 replies
Furthermore, how can I effectively grow my real estate portfolio quickly, yet without venturing into high-risk territory?
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23 March 2022 | 1 reply
James,that questions has a lot of open territory.
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10 August 2022 | 5 replies
Pros: Lower cost to get into the game, potential for future growth with future expansion.Cons: Less income comparative to DC/NOVA, investing in a lesser known territory, slower growth and appreciation, less cashflow due to property value/availability/whatever local reason??