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Results (10,000+)
Eva Fox 1031 exchange and another questions
28 October 2021 | 6 replies
I have rental property, which I want to sell, but ....gain taxes.In my case it is exeptionalyl painfull, because I obtained this propertyas the part of divorce settlement and I am older person now.I already spent a lot of money for professional consultations, it helps but not to the end. ( lack of preperation from my site)I am in the process now to educate myself , as much as I can about 1031 exchange option.I want to be able to ask right questions during next expensive meeting with the lawyer orCPA.What I am looking for over her, for precious help....I am looking for recommendation of the websites which offer help with 1031,and this is their business,they do not require the client to be accredited investorthey provide the listing of properties for saleand what very important, they provide at least closely estimated analysisof the deal. ( price, rent amount, property taxes, other costs etc)After my investigations , I am the most interested in rural California,or Atlanta Georgia, or Charlotte North Carolina.During my searches I found website of type I am looking for, I think it was Atlanta,their listing was very limited, but provided this analyse.but I did not save it ( did not realized how preasure it was) and can not find it again.So please, if someone went through 1031 exchange process, please share the websideswhich helped to find the right property, even better if they manage rentals.My case is so pityful, so the cost to even higher limits is wort it.Thank you very much evaP.S:My expectations, with flexibilityTo have at least 600k from the saletake 120-150 k cash ( pay taxes on this amount)Invest in 2 sigle family housesTo have close to 2k cash flow from the rentpossible ?
Matthew Masoud Long Distance Airbnb VS Traditional Rental
22 October 2021 | 3 replies
Traditional rent would go for $650 but I estimate I'll pull in about $1,200 (gross) from Airbnb.I'm moving to California in a few months so I'll have to set up systems before I leave (cleaning, check-in, check-out, etc).
Joseph Lyons 6 Unit Multifamily Insurance
26 October 2021 | 8 replies
You can use that 50% as an estimate of what will be taken off a claim (Insurance Company Adjuster is the only one who can determine exact payout). 
Adam Craig Ideas on how to offer equity instead of a flat % return?
22 October 2021 | 0 replies
The estimated ARV on 8% cap rate for this building is 1.4 million.
Logan Jones Tallahassee House Hack
5 November 2021 | 4 replies
How did you come up with that estimate
Eric Michiels Additional funding needed for a flip (quesiton)
24 October 2021 | 6 replies
Either get better at estimating rehab costs or but better (with more discount at purchase) to provide a larger spread for these occurrences.
Manco Snead Inspection Shows Roof Issues: Now What?
23 October 2021 | 4 replies
I want verification of sheathing quality, venting, along with repair estimates if needed with venting if I'm going to move forward with the deal.Much thanks.
Kenzie McIlvoy How can we qualify for two mortgages when buying first rental?
23 October 2021 | 1 reply
I believe the best solution would be to classify the new purchase as investment, rather than primary, using Conventional financing, and request the lender to have the appraiser add on a 1007, wherein the appraiser provides an estimate for the long-term monthly rent.
Cory Dill Financing a property & Private Money for Reno
24 October 2021 | 2 replies
Some of the estimates I've gotten are between 30-40k for the renovation so this could be pushing it.
Enis Shehu Fix Flip Project / Deal Overview / Sudbury MA
6 December 2021 | 11 replies
It is difficult to estimate the repairs even before buying the property but you get better with experience and you can hire a contractor to help you in the beginning or get help from other investors.How did the 70% rule work for us in Sudbury:70% x $850,000 - $250,000 = $345,000 MAO (Maximum Allowable offer)Since the seller was asking for $325,000 we submitted an offer for that amount and got it accepted.Tip 1: Agents are a great source of deals for properties that need work.