Here’s the story…Looking for single family vacation home and found a place. We offered full asking price on day one and went under a signed contract contingent upon appraisal. Appraisal came back well under signed con...
I’m still in the research phase of this venture. I have a cabin in Cherry Log right on the Ellijay river. I am planning on a renovation to upgrade the whole cabin. It will end up 4 beds, 3 with king beds the 4th will ...
It's nice to see that some of our Constitutional Rights have been restored since W left office...
Here's a great example...
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First go at offering a seller financing deal, and I'm a little unsure if I'm wording the offer correctly. Here are the numbers:4plex for $156k- I'm offering to pay ALL of the buyer's/seller's closing costs, and pay b...
Hello, would you buy a house that the son killed his mom and burnt the house down to flip?
Here are the numbers:
Purchase Price - $50k
Rehab Cost - $60-65k
ARV - $220-250k
There is a lot of room here, but I have ne...
The Arrangement*Jack* and I met a few weeks ago, have a lot in common, and want to flip a house and share the profits 50/50. Once we find a deal, Jack will coordinate the rehab and I'll continue working my corporate d...
It is a foggy morning, as the small 1959 Peugeot convertible, Model 403 heads down the streets of Los Angeles. It is Lt. Columbo, in his old raincoat drving his classic but not so mint show room condition car. If yo...
How do you determine the the tax rate for depreciation recapture? When you recapture the depreciation when you sell a property, is the recapture tax rate based on your ordinary tax rate at that given time? For example...
Thought i'd start this on a new thread in a few different forums, don't think enough people saw it when I first posted. My first tenants moved into the 2nd floor apt above me. I made every attempt to insulate them fro...
I'd like to start an open discussion on a topic that is near and dear to my heart: fear of risk. I have struggled with this my whole life, and am kinda getting sick of this fear I have, so I've been taking steady step...