Jason Kosowan
Land-locked parcel - good for a beginner land investor?
1 July 2018 | 2 replies
simply do not take anyone's word for this landlock situation.. open escrow get a title commitment and see it it is actually landlocked.. if it is your remedy in the real world. is1. getting a neighbor to grant you the proper easement you will need.2. confirm from the city or county that you can access the property from this new easement..despite common statements folks will make that no property can be landlocked.. and there are remedies this simply is not true.. properties can be landlocked... owners do it to themselves.. not common but it does happen.As for the old house.. sometimes if there is no lead or asbestos fire department will burn them down as an exercise.. ( sometimes)biggest issue in many markets now is the lead paint and Asbestos remediation during the demo.. some areas they don't car.
Tony Stephens
Whats the best use of 5,000$ to build my new wholesaling business
1 July 2018 | 3 replies
So in my mind as I look at this and again legalities aside for me I would simply close on everything and resell.but I am thinking I would need 500k or so in cash to really jump into this a build a business..
Jason Gott
Partnerships and how to write the terms
2 July 2018 | 9 replies
sharing of revenue profits or lossessharing of capital gains or lossesis any payment to be made to either other than as share of profits, eg for ongoing serviceswill the participants be operating a ‘salary/dividend split’ – ie taking their month by month requirements by way of low salary, balance as dividends?
Daniel A. Abreu
New business venture
2 July 2018 | 6 replies
And on that note, working with a realtor - pros/cons (aside from commission cutting into profits). 2) I would love to meet with an experienced contractor about rehabs.
Carol Kotchek
1031 exchange what happens to the depreciation?
3 July 2018 | 8 replies
I am realizing $300,000 from the sale ($100,000 profit).
Matthew Roberts
First deal, nervous, excited, whats next?
25 July 2018 | 13 replies
I am simply looking for advice moving forward, how to get started on my next move, especially when we have little money now, and cant get real cash flow until we move.
Anthony Burroff
New to real estate, seasoned business owner - Eugene OR
2 July 2018 | 2 replies
It may only make a modest profit but it requires very little of my time, is a great place for my daughter to learn and grow, and provides a great benefit for our community.
John Thedford
Pet Rents: How I Am Increasing Cash Flow
3 July 2018 | 20 replies
We have found that it's better to deal with the devil you know, meaning I want the pet to have shots, license, and be mentioned on their renter's insurance.This is, IMHO, not a way to increase income, but simply to (hopefully) break even with any damage the pet does.
Paul Morton
New member, WNY area
3 July 2018 | 2 replies
The house didn’t need much work just some paint and flooring and will generate a little over $300/month profit after expenses.