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25 June 2024 | 11 replies
I'm considering selling a single-family house we've own and rented for almost 5 years.
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22 June 2024 | 1 reply
Im trying to attempt a short sale, but goodleap won’t accept a 6k settlement. If the lender foreclosures wouldn’t it wipe out their lien? On title it shows up as a UCC lien. The investor that holds the loan is Fannie ...
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25 June 2024 | 4 replies
Housing stock is much older.
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25 June 2024 | 6 replies
After expenses, it will be cash flowing 1k/month.My thought of doing a 1031 exchange seems like an option..trade in a 170k house for a few 250k homes and increase my portfolio by 600k.
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25 June 2024 | 1 reply
I've done similar things with adding or remodeling while house hacking and needing funding to do so.
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25 June 2024 | 8 replies
Cousin A currently lives in one half of their primary residence and rents out the other half.Cousin B has a rental property they want to get rid of by doing a 1031 exchange.If Cousin B buys 50% of Cousin A's house as tenants in common, can A & B essentially switch over the rental income to B, whereby B reports all rental income and expenses on their taxes and A reports no rental income and expenses?
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25 June 2024 | 16 replies
I dont know the scope of the job.. but 89k for sheetrock on just a small portion of the job is a huge number.. we sheetrock 2000 sq ft houses for about 15k total.
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25 June 2024 | 10 replies
Most 203k contractors are not going to want to work with a first-time BRRRR or house flipper because it will not be smooth.
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25 June 2024 | 6 replies
I went to see a tenant occupied house once and the tenant wouldn't answer the door despite having a confirmed appointment.
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25 June 2024 | 9 replies
You can buy a BUNCH of insurance for that.I personally like having an LLC, but if it would save me $850 per month on each house I own I hold them all in my personal name lol.