Lynsey Staes
3 Duplexes on one Loan - Portfolio loan? - Advice on the deal
26 September 2016 | 8 replies
The underwriter will want to "look at, but not touch," the retirement accounts.
Costel A.
Do flips qualify for 1031?
29 September 2016 | 7 replies
In addition, if you decide to identify more than three like-kind properties as options for exchange, then you're subject to some other very specific rules regarding how many of your identified properties you must purchase and the total value of all identified properties relative to your sold property (called the 95% exception and the 200% rule) in order for the exchange to be valid.You also need a qualified intermediary, like Dave, to handle everything so the money from your sale never touches your hands.
Olivier Mader
One of my better deals... Great Rental
4 October 2016 | 20 replies
I don't touch anything that won't produce at least $50k profit or a 20% ROI as a rental.Finally, I got a contract on the house across from the one in this thread. $45k for a 1610 sq/ft block home on great 3/4 acre of land, currently 3/2 but there is a permitted addition that is 23 x 12 feet and I will convert it into 2 additional bedrooms.
Creighton Bertrand
First deal too good to be true...?
7 April 2017 | 18 replies
Could that be the reason why no one wants to touch it?
Andrew R.
MOVING! Help me choose my next location.
17 August 2017 | 16 replies
I will definitely be in touch if that is where we end up.
Stephen Barton
Would you buy a killer deal even if it took you 2 years to close?
6 October 2021 | 9 replies
We had a giant jacuzzi, that no one wanted to touch but was one of the main complaints by neighbors.
Adam Klugh
18 rentals owned free and clear
21 August 2017 | 93 replies
I am retired from my former business and this allows me to live very well without touching my investments.
Account Closed
If you're a beginner in wholesaling read this!
24 January 2017 | 8 replies
Get in touch with a transactional lender, JV with your buyers or..Get a license!
Whitney Hutten
Ideas on how to sell a property with a tenant in place
26 September 2017 | 19 replies
This really isn't that difficult when you stand your ground and remind the tenants who the real home owner is.Tell them that you are going to schedule open houses and they are responsible for removing their valuables and/or locking them up in the closet or off the premises.The realtor will escort each buyer throughout the property so there really isn't anything to worry about as long as they keep their valuables out of sight.No one is going to open their dresser drawers or touch their clothes and stuff with an escort watching them.Never let a tenant dictate anything to you ever.
Asem AbuAwad
HVAC went out. Now what?
17 September 2017 | 7 replies
I do not touch any of my profits from my properties ( unless they get up to a steady amount, usually 10K for me) this way that money is there for a new roof, furnace, hot water heater, whatever may come up. i just purchased a place and the first thing i did was have the roof replaced, 15K later, i know i am good for at least 25 years, if a storm does not rip it off, but now i know that property better have at least 15K in reserves. take what will be your worst case repair and make sure you have enough, or close to enough, in reserves for that property. but as others have stated, constant inspection of properties and equipment will help you prolong any of that, have an HVAC co. check the systems or a plumber check and maintain the furnace either every year or every other year, check roof for missing shingles or exterior for rotted boards, keeping the water out will maintain the structure within, exterior maintenance is a must.