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8 July 2024 | 42 replies
I've only ever sued one person & their broker (for intentionally & maliciously defrauding me & my investors during a transaction that took place in 2018).
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8 July 2024 | 0 replies
For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.
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8 July 2024 | 1 reply
I am trying to decide if this is a worthwhile endeavor.From what I have read, the main benefit is early access to MLS for purchasing homes and saving on commission costs while selling homes.This leads to two questions: - Is simply having early access to new listings worth $600, or is it only worthwhile if I plan on flipping and selling a property on my own?
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5 July 2024 | 6 replies
I recently bought 3 acres of land with the intention of creating a mobile home park.
8 July 2024 | 4 replies
Keep in mind that lenders typically won’t fund the land purchase so this will likely have to be done with cash.
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8 July 2024 | 1 reply
Purchase price: $135,000 Cash invested: $80,000Turned a 2 bedroom 2 bath house into a 7 bedroom, 4 bath house.
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8 July 2024 | 0 replies
Purchase price: $212,500 Cash invested: $50,000 When we talk about long term rentals the goal is to buy something that people are going to live in 3-5 years with the ability to raise rent over time ahead of insurance, taxes and inflation.
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8 July 2024 | 20 replies
Hi Greg, I can understand your point regarding the equity and purchasing a performing note, although being able to purchase directly from the banks and at a good price effects this.
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8 July 2024 | 0 replies
Purchase price: $63,750 Cash invested: $13,000 This was my VERY FIRST deal.
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8 July 2024 | 8 replies
@Shawn Kostoff, @Jimmy O'Connor, @Justin Seng, @Rich O'Neill, @Eric Armstrong, I'm sorry for reaching out on such an old thread, but I just purchased 2 rentals in the last 12 months in Delco and looking to scale my business.