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9 December 2024 | 5 replies
What are some pros that I can highlight from the seller’s perspective.Here are a few that I’ve come up with:1) monthly income at a higher interest rate;2) avoiding a larger tax bill by reducing the purchase price (on paper);3) a promissory note that they could potentially sell down the road.Any other major ones I am missing?
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15 December 2024 | 10 replies
Adding a lead filter may reduce/eliminate lead content, but they are still going to replace the pipe.
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12 December 2024 | 3 replies
If they refuse to pay you that amount, or reduce the purchase price by that amount, then you can decide whether you want to move forward with the purchase or not.I suspect it's not a large amount, so there's no need to make this a big issue.
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11 December 2024 | 0 replies
For those managing active income streams—like wholesaling, flipping, or even running a real estate business—filing as an S-Corp can significantly reduce self-employment taxes.
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17 December 2024 | 20 replies
A cash purchase, added to my portfolio, reduces my levergage ratio on my real estate portfolio, but does not bring it to zero of course as I am not paying off existing low rate mortgages on rentals.
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10 December 2024 | 1 reply
Hi There-Some feedback would be great- Do you Sell the house yourself or do you engage another Realtor to do the sale and keep it at arms length in order to reduce any liability?
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12 December 2024 | 9 replies
., rental income reduces or we got laid off), is it a good move?
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17 December 2024 | 22 replies
Burdened with a vulnerable and helpless feeling, I agreed to accept ABC Baltimore’s reduced offer of $95k and closed the buy—back with ABC (we still had to pay closing costs).
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15 December 2024 | 59 replies
Try to reduce the number of problems you can think of to a manageable level, or instead of a 5 bedroom place maybe go a little smaller with a 4 or 3 bedroom that is generally more manageable and not pack people in like sardines.
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9 December 2024 | 1 reply
At closing, the accumulated credit is applied to reduce the purchase price, eliminating the liability.