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20 September 2018 | 8 replies
Like I said, the seller in this case appears to be commited to continually reoffering and reselling this property until the ultimate sucker comes along to close on it.
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18 September 2018 | 4 replies
Also, I found this page that give you a guideline as to what should be included: https://revnyou.com/ultimate-guide-creating-real-e...
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18 September 2018 | 7 replies
Ive got 2 on my mind, but I'm open to opinions.1) Frontier Real Estate Services2) Frontier InvestmentsI'm sure everyone has similar ideas on how and what the organization will do, but so we are on the same page ultimately Id like to be a one stop shop (not necessarily a brokerage though).
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18 September 2018 | 0 replies
I'll use an example with similar numbers because I want to truly understand the reasoning here:On the high end, the interest rate would sit around 5.75%, at the cost of -.125 points (ultimately resulting in a lender credit of $164) and a P&I of $766 per month ... on the low end, the interest rate would be 5.375% at the cost of 1 point (around $1300) with P&I of $735 per month.Given that info, this is to say that if I planned on holding onto this property more than 42 months (that's $766-$735= $31 per month... then $1300/$31=41.94 months), then it would make financial sense to pay down the percentage rate up front at 1 point because beyond 42 months, I'd be saving money every month...
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19 September 2018 | 1 reply
When the good times are rolling we often forget to think about the negatives. That said I decided it might be a good time to Stress Test my real estate portfolio, before I went on another expansion/acquisition round i...
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18 September 2018 | 0 replies
If I choose to wait the 30 days, I've already qualified for a 30-yr. fixed with cash-out up to 75% LTV @ 5.25% Ultimately, this might be the best bet, but I'm exploring other creative opportunities.
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9 November 2018 | 2 replies
I am completely new to the game however I enjoyed the ultimate beginners guide fome bigger pockets.
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25 September 2018 | 4 replies
Because my ultimate goal is rental properties.
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22 October 2018 | 3 replies
I still have to take my real estate exam (first attempt was a 72%) but I want to work with investors too and read the post I think it was called the ultimate realtor guide to working with investors.
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11 October 2018 | 2 replies
@Rajesh T.You shouldn't be taxed twice on the sale of a rental property.Normally the sale of an investment property is two fold.Capital gains taxDepreciation recaptureDepending on your tax rate - capital gains tax rate is either 0%, 15% or 20%Depreciation recapture's tax rate is capped at 25%It is true that selling an investment property with a large gain can ultimately push your other income to a higher tax bracket.