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29 January 2025 | 22 replies
Self-proclaimed Section 8 guru's online claim to do the latter and then find Property Managers after they purchase the property in whatever state, but I don't know how real that is.
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4 February 2025 | 6 replies
Quote from @Adedotun Kembi: Quote from @Jeff Roth: Hi Holly from Georgia-You own a rental in Colorado and you are looking to purchase a new primary residence and possibly use the equity in the rental for the downpayment.You have two options I am aware of with the rental to access the equity:1.
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29 January 2025 | 22 replies
This will be my first home purchase, and I am aiming to invest in multi-family properties.What should I be aware of when purchasing a multi-family property?
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7 January 2025 | 12 replies
A 1031 exchange would use all of the tax in the purchase of your next property.
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7 February 2025 | 1 reply
Hey James, I haven’t purchased land in Davis Park myself, but I do have clients currently flipping a home not too far and there's a lot of new construction happening in the area.
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7 February 2025 | 3 replies
There’s usually not more than one investor with interest in any parcel so there’s is absolutely no incentive for the investor to pay a “wholesaler’s fee” in this scenario.In the scenario where the land is ready for development, and the economic conditions make development a profitable activity, the land owner has already been approached by the developer or multiple parties with offers to purchase.
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30 January 2025 | 6 replies
For purchase price, use this formula, (Arv * .70%)- Rehab = Purchase Price Good evening Dustin, I went onto the webpage for Arizona association of Realtors and I found the agreement for 2024, however I am not licensed so I do not have access to download the contract.
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6 February 2025 | 6 replies
Otherwise the hold up of the sale and going back-and-forth we wanted to avoid.Because it’s now on the closing statement, are these a deductible repair expense like it would have been had it been before closing that would normally just be under schedule E as a repair expense.Cheers.Since the seller credit is now part of the closing statement, it’s generally treated as an adjustment to the purchase price rather than a direct repair expense.
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4 February 2025 | 9 replies
Quote from @Jason Hathaway: I'm in the process of purchasing another home adding to my portfolio.
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1 February 2025 | 2 replies
Purchase price: $265,000 Cash invested: $200,000 1930’s historic home with a converted garage.