Brad Srutowski
Lived in primary residence in CA 2 years, rented out for 1 year. Will I have to pay capital gains???
28 June 2015 | 2 replies
Test is if you lived there for two of the last five years, and if you originally lived in it as your primary then you're given three years during which you can still claim it.
Helen Kirk
Buying then lease-option
15 July 2015 | 5 replies
If you are the only one bidding on that auction house and it has been up for auction three times, beware, there may be a very good reason why.
Michael Dunn
Update on Property ..... $60,000 max and FHA guidelines ......
6 July 2015 | 6 replies
Three people associated with the house get a total of $20,000 3.
Nat C.
foreclosure auctions- multiple mortgages
3 July 2015 | 1 reply
Subordination agreements would be recorded (and they aren't all that common), so just be sure to watch out for them.If there are three loans recorded, and no subordination agreements, and you buy at a foreclosure sale of the middle one, you are buying it subject to the first one but the third one is wiped out.
Waverly Rennie
Newbie considering JV w/developer- what should I get for my land?
5 July 2015 | 14 replies
Jared, the zoning/development people have said we can build three houses there, and you are right, it might be risky to pour a lot of money in and not be able to sell the current house high enough.
Gabriel Lazcano
Help About Myself
4 July 2015 | 7 replies
I understand that education is important if not I would not be finishing college I just have seen that an MBA has a lot of the same classes I have already taken or am going to take but oh well time will tell maybe I can have a mentor for the time being and take two or three years off after graduating and considering my success I will then decide.
Jiwon Park
This Week in Rental Property
4 July 2015 | 0 replies
Real Estate Markets in June 2015Summer is officially here, and just like the heat waves sweeping through much of the country, the real estate market shows no sign of cooling off any time soon, according to a preliminary analysis of June data for realtor.com®.Based on data for the first three weeks of June, the median list price increased to $233,000, up 7% year over year and 2% over May.
Brian Tremaine
New member introduction - San Jose CA
7 July 2015 | 14 replies
However, here are some random thoughts:If 60% of rental income provides sufficient retirement income, you can probably afford to do nothing :-) This has the added benefit of continued capital appreciation, relatively easy single family home management and tax free stepped up basis on first death.
Ryan Fields
Needing some insight for my next career choice!
12 October 2021 | 1 reply
Ryan,All three of those options are good ones, I have seen individuals build successful real estate careers utilizing those strategy.In short, option 1 is get started as an investor and option 2 & 3 are get started as an industry professional.
K. White
Alabama Law - Sale Property with Existing Tenant
12 October 2021 | 5 replies
Late payments and criminal activity should be sufficient grounds to evict.