Suppose you find a seller willing to do a lease option but not interested in dealing with the house at all? How would you structure that as far as maintenance and repairs? As you as the sub lessor paying for all repai...
Hi all, I subscribed to this forum for some ideas on how to make this work. In 1963, my father was killed in an accident and our farm passed to us, his kids, with undivided interest ownerships. Our Mom had a life e...
Ok help me! I have a very complicated capital gains tax question. We purchased 2 duplexes (bldg A and B) on the same lot for $500k in Loveland CO. We have since been going through the approval process to split off on...
My gf and I are in a situation where we have the option to choose between FHA or HomePossible. In either cases we would be putting 10% down and planning on refinancing out of mortgage insurance in about 2 years, after...
Hi guys, Here is my situation. I have 3 properties i stopped paying for and soon or later the bank is going to take them. Between all 3 of them the mortgages and missed payments are about 1.2m. The real market value o...
I'm doing my taxes for 2017 now. I've had a duplex since 2012, with tenants in it since 2013. 2017 was a particularly rough year--my property management company has recorded $5700 of repairs that were done, and in b...
Hey All,
I got passed along a Commercial Mixed Use Property from my realtor, and am looking at wrapping the property up and getting it under contract. But there are a lot of moving parts and I need some advi...
I have a doubt about a wholesaler,by the way I would like to become one, what are their main challenges?
I’m thinking about buying a quadplex in an LLC, operating it for a couple months and selling it to another landlord. (Or maybe an owner occupant buyer).Has anyone bought a (tenant occupied) house in a new LLC and then...
Background:
The wife and I have a nicely performing duplex in Crazy Appreciation, Crazy low inventory, Crazy bid war Town.
There is a sweet spot right now for splitting the duplex into 2 condos for an even higher ...