11 December 2017 | 3 replies
I've worked quite a bit with SFH and multi-family (duplex/fourplex), but will admit I am not an expert on commercial above and beyond those property types, though I've dabbled trying to land a 20 unit apartment or warehouse.In our area, there are really only three major commercial agencies - Jim Wright with JWC, David Barr with David Barr Properties and Barry Hinshaw/John Reider with Reider properties.
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29 March 2016 | 10 replies
Linda, yes, I did subsequently buy investment property #3 in the same year, 2015, that I incurred the aforementioned $1200 expense (for the property that I did not buy).
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18 July 2021 | 63 replies
Lower middle class zip code that would be dirt poor if not for Loma Linda University, Loma Linda Medical Center and a VA hospital. 92354 is literally surrounded by poverty.)I Paid $200k for a foreclosure 4 plex in 2000 (got 10% down payment back at close of escrow by artificially inflating purchase price to $224k)current value per zillow is $488k.
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22 August 2022 | 4 replies
@Linda Thomas I just did this on one of my rentals, you can have the co-signer sign as a guarantor (just two spots on the CA lease agreement).
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2 July 2023 | 4 replies
Quote from @Phillip Wright: So I have a business that we are looking to sell.
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25 April 2018 | 12 replies
If the property they are selling is $200K and you find a good $400K building for them to purchase you could take title to 50% as a TIC with them and they would own the other 50% and defer all tax from the sale.I also totally agree with @Linda Weygant, if you've got siblings, your parents want retirement income and this is an estate planning thing fraught with potential drama then maybe a 1031 into a passive TIC (yes a NNN would be the same thing depending on the numbers you're looking at) where they simply generate monthly income with no expenses would be a good move.
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7 July 2023 | 10 replies
Quote from @Linda Weygant: Quote from @Erik Ulven: Hey Brandon!
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24 February 2020 | 5 replies
@Linda Crandell,I recommend taking it one piece at a time.