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27 January 2025 | 5 replies
@Lulu LueHUD has 2 online databases of lenders showing which ones have the most experience with 203k's.
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13 February 2025 | 8 replies
So holding on to the asset month over month, is building up the pay out upon the sale.
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5 February 2025 | 0 replies
Purchase price: $77,000 Sale price: $85,000 Contributors: Peter Vekselman Partner Driven teamed up with Jamari Sprueil to secure this off-market deal in Decatur for $77,000.
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12 February 2025 | 12 replies
You will report worldwide income on your federal and Kansas tax returns.You will also include the MO activity on your KS return.Your MO return will only include the acitivity within that state, which in this case, is the rental property.In the future, if you have income in MO(either through the sale of the property or through rental income), you will pay tax to MO but KS will give you a credit for any taxes you pay to MO.best of luck
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3 February 2025 | 0 replies
This, in turn, allows for higher rental rates or quicker sales, directly impacting the ROI.I could remember when an investor purchased an old, three-story commercial building at a bustling downtown area.
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6 February 2025 | 2 replies
(rents also peaked from $1900 to $2600 in 2 years)Sale Price - $360K - $370K in the area for same kind of units.
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8 February 2025 | 6 replies
What is the value as of today, if placed on the market, subject to sales commissions, capital gain taxes, Depreciation recapture, etc.
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18 February 2025 | 13 replies
For example my market, there are about 1-2 REOs for every 1500 sales.
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26 January 2025 | 51 replies
It is not very difficult or complicated to evaluate commercial real estate, there are plenty of good books available that can teach you how, textbooks, online courses, community college classes, even excellent youtube videos etc, and it is actually quite enjoyable in the process to learn.
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2 February 2025 | 1 reply
@Tony Thomas So, is the seller increasing their sale price in exchange for a 0% interest rate?