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28 October 2024 | 3 replies
In fact, many of their stories, just relied on, picking up a few investments in solid areas, taking care of them, and holding onto them for a long time.
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27 October 2024 | 3 replies
This way, even if the monthly payment remains the same, the amount you pay towards principal each month goes up.
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16 October 2024 | 11 replies
I've used Luckett Land Title for a number of closings.
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20 October 2024 | 3 replies
I sent over an amendment to extend close for Oct 28.I guess the seller and the listing agent had some sort of dispute and seller ended up firing the agent in the middle of my option period!
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27 October 2024 | 0 replies
If latter, it would end up more expensive because if B&O taxes as well.I am wondering if anyone else here has gone thru this journey and can help with some of these basic bootstrapping questions.
21 October 2024 | 1 reply
You must establish a contingency fund, pay closing costs, and save for the down payment.
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22 October 2024 | 0 replies
The seller needed to close quickly, and we were able to negotiate favorable terms to make it a win-win transaction.
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23 October 2024 | 2 replies
It's actually a trend in a lot of places near Destin, where you're close to the action but not paying the premium of being right on the beach.Freeport has a lot going for it, especially if you’re looking for good rental income without the high price tag of being right on the coast.
21 October 2024 | 4 replies
Expenses that don’t go up as fast take less of a bite as the ARV increases, leaving more room to (slightly) increase the purchase price plus rehab limit to 75% of ARV.We use this rule of thumb for screening, but always create a spreadsheet to estimate all expenses and run a P&L in detail for comparison.
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28 October 2024 | 34 replies
A 1031 exchanged property can include 1245 components that are considered part of the "real property" for 1031 purposes if they're affixed to the building (and also up to 15% of the value can be personal property under an IRS rule, such as appliances).