
12 February 2025 | 0 replies
Negotiated a 2 year $15k owner financing at 0% interest.

18 February 2025 | 4 replies
Here’s some context: Property 1: >$100k in EquityValue: $325kDebt: $220k @ 2.88% (30-year fixed)Property 2: >$70k in EquityValue: $325kDebt: $252k @ 3.38% (30-year fixed)Extra considerations: - I have $15-20k liquid to use for any of these deals- My current job is relatively stable, but not high-payin- Current properties in TX, living in NY, looking to invest in Mid-West (crazy, I know)- No other debt obligations besides the two mortgagesUltimate goal/timeline: Though a bit ambitious, I’d love to build up the portfolio to 10-20 units in the next two yearsI understand that any/all replies aren't financial advice; all ideas welcome for information purposes.

15 February 2025 | 11 replies
Quote from @Alston Ke: There are some posts many years ago about MSHB I'd like to know if anyone is buying any investment properties from them recently and your overall experience with Mid South Home Buyers.I’ve been investing with MSHB since 2017 and just bought another property recently.

23 February 2025 | 1 reply
The past 2 1/2 years I’ve flipped some properties and have wholesaled some.

24 February 2025 | 3 replies
@Scott LorenceThe advantages to renting to college students are that they generally leave after a few years so you can do repairs or updates, you can raise rents on a regular schedule, they will pay a premium to be near campus, and if you get engineering students they tend to fix the small stuff on their own.

14 February 2025 | 1 reply
That is some remarkable appreciation in 2 years, bravo.

18 February 2025 | 8 replies
I recently worked on an amendment to some condo plans we did 15+ years ago and I had to re-calculate how we got to what was in the plans and the values changed over two or three iterations as the attorney represented what to include and exclude.

20 February 2025 | 8 replies
., equipment) are excluded from 1031 treatment and are taxed separately—goodwill is typically taxed as a capital gain, while equipment may be subject to depreciation recapture taxed as ordinary income.To minimize taxes on the sale of the business, consider strategies such as Opportunity Zone investments, which defer gains until 2026 if proceeds are reinvested in a Qualified Opportunity Fund (QOF), or structuring the sale as an installment agreement to spread taxable income over multiple years.

20 February 2025 | 1 reply
You’d probably find “bigger discounts” from people who put a large amount down when they bought 2-5 years ago but have to move.

11 February 2025 | 5 replies
It took three years and I lost over $200,000 on those deals alone!!