19 December 2018 | 2 replies
Your best bet for buying with some equity is either through a reputable wholesaler or good negotiating via the MLS.
20 December 2018 | 18 replies
The rent-to-own option seems far too complex, involving 3 parties to depend on each other with seemingly a lot of liabilities (namely that the bank could call the loan).
19 December 2018 | 10 replies
I would bet you’ll be lucky to get 100 bucks a door realistically when all the corrections are made and it’s running .
19 December 2018 | 0 replies
Purchase price: $152,000 Cash invested: $12,000 Huge fixer upper with lots of budgeting involved in the rehab.
19 December 2018 | 2 replies
Unlikely a PM will want to get involved just to evict someone and in most states they can't legally represent you in court even if they wanted to.
19 December 2018 | 3 replies
I always make sure everyone involved understand my position.
28 December 2018 | 7 replies
How long have you been involved in this space.
21 December 2018 | 37 replies
When doing a 1031 exchange a qualified intermediary is required to be involved prior to the closing of the sale.
21 December 2018 | 9 replies
This is adjusted for growth to avoid existing owners getting massively higher tax bills YoY (again, in theory)FL = disclosure state i.e. tax % * price you paidSome other states = limit growth by a certain %Best bet: consult the local tax assessor's office and/or your broker.
19 December 2018 | 5 replies
The result is taxable income + penalties.With that said - there are great opportunities to use retirement accounts to grow in value and allow you to be involved in real estate.