22 August 2024 | 1 reply
The building was built in 1965 and was remodeled in 2011.Seller is asking $300,0004 units - 900sq ft each - currently rented at $700 per unit - Tenants pay all utilities except water/sewer which averages $250/month.Insurance is $1,600/year and taxes are $2,600.It makes sense as far as I can tell.
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25 August 2024 | 10 replies
I am concern about losing the home and not being able to pay off this loan because I cant get the information.
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25 August 2024 | 1 reply
I'm in an urgent situation, need a lease ASAP, and Bigger Pockets is not allowing me to download a lease without paying $99.
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25 August 2024 | 10 replies
If you want to negotiate prior to contract, most builders are going to do everything in their power to avoid dropping the price...this could mean paying closing costs, pre-paying HOA dues, buying down your rate, giving options/upgrades at no cost, etc...basically anything that is going to allow them to keep the recorded price elevated.Even in down markets we are still trying to show price INCREASES phase over phase, even if that means giving away more in concessions on a case-by-case basis to get deals done.
22 August 2024 | 6 replies
Greetings I'm new to tax liens and deeds, I'm located in el paso tx, I'm interested in the el paso texas area, I'm also interested in other texas counties, I'm open to any suggestions, I look forward to networking and connecting.
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23 August 2024 | 1 reply
I also know plenty of RE agents who continue to buy off market properties at a bargain and they have not experienced any legal issues. 3) Business structure - keep under my building LLC (taxed as S-corp) or start new, then transfer properties that I keep to my holdings company. 4) Overall concept feedback?
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22 August 2024 | 5 replies
I read somewhere I could 1031 the portion of the property that I’m renting (ADU), and pay capital gains tax as normal on the portion I’m living in?
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23 August 2024 | 54 replies
I would also recommend looking for a tax strategist who is willing to work with you throughout the year, not just when preparing your tax return.
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25 August 2024 | 15 replies
$38k for two enclosures is a flipping joke. whoever is paying this is getting screwed.
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25 August 2024 | 8 replies
I always made certain to pay my private lenders and my contractors as agreed and as a result never had trouble getting either.