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14 October 2024 | 19 replies
I need to have a way to roughly calculate how much I might earn in a land transaction.
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17 October 2024 | 4 replies
The buyer requested a transfer from his job to the city where the house is but now the job wants him to start work next week, I told him we can probably let him and his family occupy the property prior to the closing date.
9 November 2024 | 2 replies
I am also looking and narrowed my search to Propstream, Propelio and BatchLeads thus far.
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21 October 2024 | 5 replies
I have a 3 BDR one bath house in Maple Heights Ohio that I am considering renting to section 8 tenant .CMHA chart for the house zip code showing a max rent of around $2000 for 3 bedroom.I know market rent of my house is approximately 1300-1400 $I am adding efrigerator and oven.The house is older but in decent shape.
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17 October 2024 | 1 reply
The more leverage (debt) that is applied to a property or deal, the more cost savings you will get up front relative to the equity you put in.Let's say you buy a $10 MM dollar deal that has $3 MM of year one depreciation.If you used $7m of bank debt and only $3m of equity, your year 1 deduction will equal the amount of money you put into the deal!
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15 October 2024 | 2 replies
If that's who you are interested in, listening to him on any podcast for an hour will tell you a lot about the vibe of the company before you do more due diligence.
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22 October 2024 | 2 replies
@Alexander F PollockYou may lose a tax benefit of a stepped up basis for capital gains purposes transerring interest away from her parents.Also consider conducting a judgment searches on all parties to the transaction to confirm there will be no title problems for would come up when the LLC sells in the future because you will not have title insurance to cover prior owner issues.
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16 October 2024 | 13 replies
Seems like once a month, someone figures out a new way to carve off a bit more of my investment for themselves.
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22 October 2024 | 7 replies
Looking forward to making connections.
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18 October 2024 | 1 reply
Investment Info:
Other buy & hold investment in Pacific Grove.
Completed a 1031 exchange into a retail/office building, then converted the second floor into a short-term rental (STR) and mid-term residen...