
19 July 2021 | 23 replies
The sale price couldn’t be lowered by 3% (builders don’t want to reduce the price of a new construction house), but credit equivalent to that was negotiated, e.g. builder paying portion of the closing cost.I think most buyers use an agent because they are not savvy or don’t have a lawyer.

19 January 2017 | 67 replies
To think that you compare people with decades of specialized training and education to the equivalent of a car salesman...lol.It's like being a property manager, the laws are online and easy to research.

11 May 2023 | 13 replies
Assuming the money resides in a trust account at a bank or equivalent, and that you have checkbook control (i.e. this is not a stock and bond brokerage 401k) then yes, you would wire the money to title after all documents are signed, reviewed by you, and evidence of proper insurance is received.3.

13 May 2023 | 17 replies
If you want to rent to lower income types and public assistance types have you considered more downscale lower end rentals that could turn for much less.I know a fellow who rents exclusively to the lower end of the income scale, and he is "One Tough Cookie", he turns the units himself, and matches the rental offering to the price.His places are in "Bad Neighborhoods", and the rents are low, but the cost of the unit and the turn prices are also low.It seems like you MIGHT be renting the equivalent of a Manson in a Great Neighborhood for Section-8 use and the turn price is grinding way your profits.Just my 2 cents.

16 June 2022 | 8 replies
If I do a 1031 exchange I know the property has to be equivalent or more but can you put just the down payment on that property or do you have to purchase all in cash and also can you 1031 into a auction property some how thanks in advance

9 July 2015 | 28 replies
I will compare your property to an equivalent property in Las Vegas later but first I want to emphasize that there are other factors to consider.All typical return measurements (ROI and Cash Flow for example) are only snapshots in time; how the property is likely to perform today.

30 December 2021 | 5 replies
I'm looking at scaling this year and my goal is to buy 6 more units (3 duplexes or equivalent).I'd love to use the brrrr method to get these so I can minimize the cash I have tied up in the properties.

17 May 2023 | 2 replies
Same appreciation assumptions, that house could be worth $1,311k in 35yrs.Summary: $2M in Real Estate Equity, and Cash Flowing 25k/yr (which using a 4% rule is equivalent to 622k in equivalent stock market "value")Scenario B, selling the Duplex, invest the differenceIf I sold the duplex, maybe for 255k, I'd get 71k gross, and assuming 8% transaction cost, 66k net.

17 May 2023 | 2 replies
Or if the small town class A is more equivalent to Class B or Class C in a larger town.

25 August 2014 | 28 replies
Also, owning any non rent controlled properties is the equivalent of printing money when the rental market is hot.