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1 May 2024 | 4 replies
I would love to connect with other investors in the Albuquerque, NM area that would enjoy meeting up from time to time to talk real estate and build off each other.
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2 May 2024 | 12 replies
Its very rare in CA for an actual dwelling to be sold at tax sale 99.9% of all tax sale properties in CA is bare land.. so the risk is access.. and as Ned stated everything else is wiped off of title.Now getting title insurance to resell can be tricky..
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1 May 2024 | 22 replies
If you have any questions, I'd be happy to share my experience or be a fly on the wall to bounce some ideas off of.
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1 May 2024 | 2 replies
I was forced to cash out my 401k in payments to minimize tax penalties, using it to complete house projects and pay off some debt.
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2 May 2024 | 20 replies
Never been believe it or not lolI guess I'll have to keep 1 unit empty just for us hahahahaZoning is commercial (Duplex qualifies for this).Initially wanted to change back to residential because we could get higher exit dollar due to area if can change to residential (Got comps in the $130,000 all day, take $10,000 - $15,000 off for main road and it's a $115,000 property)We could have done this as this property was residential long time ago but when it comes to the city on anything, I prefer staying away.Incompetent delay after delay so best is to just keep things the way they are.Plus, single parents would love a nice 1 bed, 1 bath duplex in the Washington Local district so it will work well.Thanks mate
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28 April 2024 | 15 replies
This way you can ramp up your savings AND learn some RE skills.2.
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1 May 2024 | 7 replies
Well then, it is going up again for next year when the homestead comes off.
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1 May 2024 | 11 replies
But, 4 months after viewing a few off-market properties, I landed the deal.
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1 May 2024 | 16 replies
G'Day folks,I've reached out to my legal and accounting team for referrals but they had none.The IRS is absolutely useless and we have tried dealing with them for over a year now on this matter.At the point of just hiring and handing over to legals to deal with itPaid off $70,000 in prior year taxes and have receipts and deposits as proof, etc...
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1 May 2024 | 5 replies
Not a fan of just basing it off rent, while that is a good gauge, it can be way off - just like cap rate can be on a MF building - good indicator but a lot more research and analysis is required.