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23 April 2019 | 4 replies
Here are basic stats on single-family home sales for March 2019 for the City of Austin and the greater Austin area:The latest rewrite of the Austin land use code, known as CodeNEXT, has been scrapped.
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18 April 2019 | 0 replies
I was told by a lender that if I wanted to put 10 under my name and 10 under my wife's name, we would have to sign a Free Trader Agreement - in basic terms, a document prepared for the purposes of waiving each party’s rights as to real estate and creating a right to obtain real estate independent of the other.
18 April 2019 | 3 replies
This is basically what I told him I was looking for with a little flexibility. 2-3 year contract, rent approx. 2,200 with approx 10% of that going into an escrow account for purchase of property at the expiration of lease and a 3-4% option fee.
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21 April 2019 | 13 replies
Basically the IRS considers intent, if you are buy and hold and are exchanging it then it can be a 1031 but if you are basically buying to sell which is what a flipper does they will question it and you will get hit with the taxes and maybe penalties.
18 April 2019 | 1 reply
Closing/title company, basically the same thing. $1,300, depends on the break down.
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24 July 2019 | 50 replies
Basically do lots and lots of homework before you give someone your money.
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23 April 2019 | 4 replies
We started out Investing in small rental properties and have had good success with managing the properties. Long story short, we have picked up an additional 3 commercial and 2 residential properties to manage through...
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20 April 2019 | 10 replies
I don’t see a problem with building your business with more units quickly, but I’d start off fairly basic (1-4 units) until you learn the ropes.
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19 April 2019 | 2 replies
It will familiarize you with the basic terminology and benefits.
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19 April 2019 | 1 reply
Basically my hold up is the expenses.