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21 January 2025 | 5 replies
And you would get to indefinitely defer all tax on the gain from the sale.
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21 January 2025 | 2 replies
After being in the corporate sales world for about 10 years, I realized that I do not want to return.
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14 January 2025 | 23 replies
The Due On Sale clause was added I think in the 1980s because of "sub-to" deals.
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27 January 2025 | 27 replies
The reason is the rent-to-price ratio is good so you can cash flow, and most of the West side doesn’t have a Point of sale inspection which is really annoying.
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25 January 2025 | 9 replies
Quote from @Cameron Moore: Exactly. 15 years ago, I noticed an increase in owners using insurance to pay for a replacement roof, usually to sweeten the pot during a sale.
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12 February 2025 | 22 replies
It just depends what your buy-box is... but we normally build to an 8-9% cap rate on the sale side.
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9 January 2025 | 17 replies
I suppose you could share a portion of that with the cleaner if you are really desperate to keep her.
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31 December 2024 | 2 replies
BUT I have also heard that it could trigger a due on sales clause, bringing the note fully due at any moment.
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25 January 2025 | 6 replies
Home sales hit their lowest level in almost 30 years, so it's not unusual to see a property sitting on the market for many months.
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16 January 2025 | 5 replies
Purchase price: $70,000 Cash invested: $60,000 Sale price: $70,000 Have under contract for $70K and will rehab.