12 November 2013 | 1 reply
An investor purchased it, performed a major rehab and sold it for $400,000 which was due to the fact that it is a high-value area in Fort Worth and the recently sold comps verified the market value of $400,000.
11 December 2013 | 5 replies
If you have a corporation which allow you to deduct business expenses do you still have to go through the process of performing a 1031 exchange on your profits since purchasing another investment property is a business expense.
20 October 2017 | 19 replies
As an installment sale, the asset is owned by the seller until performance of the buyer is completed.
21 December 2013 | 19 replies
While I can certainly say my time is more valuable than using it for "semi-manual labor" tasks, for now it makes a lot of sense for me.
9 January 2014 | 3 replies
I know I need an accountant but have not found one I feel is a top performer.
18 January 2014 | 11 replies
Well, that wouldn't be an option it's a purchase agreement so I wouldn't go there as an option contract.Options can not have contingencies of any kind, especially based on performance of the optionee/buyer.The reason you have an option price in an option is for the right to purchase at a stated value based on the valuation made at the time of the option.
18 March 2014 | 3 replies
Example a buyer says they want multifamily but want a B asset in a B area fully performing at a 10 cap ( not going to happen as they trade in the high 7's nationally and maybe hit the 8's if your lucky ).
24 June 2014 | 5 replies
My friend works in a bank and they see but the loans are very rarely truthfully almost never called in because they are happy to have a healthy performing loan.
7 December 2017 | 8 replies
But therein lies the task of digging for the gold!
26 July 2014 | 4 replies
The HOA manager is tasked with maintaining the property and it sounds like that is exactly what they are doing.