Andy Wheatcroft
Flipping- can we make the math work as a community?
13 August 2018 | 0 replies
There has to be a way of creating a network of low margin, high volume “ sale by agreement off network by owner” real estate transactions where the fee anticipates 2 transactions in a short time i.e the buy then the sell....
Cory Wells
Options to buy for less than someone owes on a property
23 August 2018 | 3 replies
Your only option is a short sale, which the bank is not going to hand you on a silver platter.
Myles Ellison
NYC Newbie Seeking Wisdom on 1st Out-of-State Investment Property
14 August 2018 | 8 replies
And the cons: they are next door.So, I’ve also considered a single-fam, short-term vacation rental property in the Vermont ski areas, the Catskills, or some other yet-to-be-researched/discovered location.Anyway, as you can see, I need to keep researching to find out where the best opportunity is for me.
Luis Medina
Contract/Hold on a mortgage loan.......
19 August 2018 | 3 replies
With the short time to move out state, I offer to take care of house.
Darshan Patel
Harder to evict rent to own tenants ?
14 August 2018 | 8 replies
As opposed to buying a house, as soon as you sign (or shortly thereafter) you own the property and the transaction is complete.
Tim Slatt
Lender telling us not to buy a car even AFTER closing??
13 August 2018 | 4 replies
A week is too short.
Andrew Shipley
Introductions. Newbie starting out in pnw
23 August 2018 | 7 replies
and yes City of Portland is extremely strict with the short term rentals, they even go on the airbnb website to look for operators without a permit.
John Newburg
I bought a house, business expense?
15 August 2018 | 6 replies
It depends on if IRS considers you an investor or trader. they look at different factors, I pulled court cases where they looked at these:(1) the taxpayer's investment intent; (2) the nature of the income to be derived from the activity; and (3) the frequency, extent, and regularity of the taxpayer's securities transactions (Kay; Mayer; and Moller) A taxpayer is a securities trader only when both of the following are true: (1) the taxpayer's trading activity is substantial; and (2) the taxpayer seeks to profit from short-term swings in the daily market movement, rather than to profit from the long-term holding of investments.
Michael Cheng
How will I buy my own house if I invest cash in properties?
16 August 2018 | 18 replies
It may not appreciate much now, or even take a small short term dip, but several years from now you will be set.
Michael Breedlove
Newbies owner occupy 4plex and Considering What Next!
17 August 2018 | 20 replies
But that makes no difference if you lose the property because you can't make the payments in the short-term.This is an extreme example just to prove the point.