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So I know what everyone says keep it simple on first purchase but this seems like I have too if I could get it at this price, right?
The kicker, its current in government 515 where there's assistance on rent and lowe...
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I am a current lead service technician for a luxury living community. I want to educate myself on everything 221(d)4 loans for the future. I am determined to be successful in owning one myself. If there is anyone t...
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I’m expecting an offer on a former primary residence that we are renting out. We paid $173k in 2012, expecting an offer of $280k. Because we are active duty military, my understanding is that since we lived in it 2+ o...
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Hi everyone, I need help figuring out the valuation on a multi unit apartment complex. It's a 26 unit built in 1955. 14 units have been remodeled at a cost of $100,000. Asking price is $1,350,000.Income from rent is ...
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My name is Mike Johnson and I am new to real estate and have been soaking up as much knowledge as I can before I make my first purchase. I currently work as a government contractor in Coronado, CA doing administrative...
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Was anyone flipping houses back in 2008? I got caught mid-flip and my projected returns were cut in half when I finally sold.Fast forward to today, and flips made up more than 6% of home sales last year, according to...
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I had a caller come in via some mailers I sent out the other week and this guy has a fair amount of properties, 20+ I believe he said. We had a plesant conversation discussing a huge number of things including that t...
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Hello, Of late I have started looking at my tax situation in retirement. I have ideas in my head but I am not finding the correct answers doing google searches. My tax bracket with SS and rental income from LLC or I...
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Hi All!I have a Solo 401k and the company that set-up is not very helpful in providing info on how to properly complete a 1099-R for an in-plan conversion of moving funds from the Traditional bucket to the Roth bucket...
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Hi Everyone! Hopefully there is a CPA among you for this question.I put my first offer in on a property that I intend to flip. I've read in these forums that it makes the most sense to set up an S-Corp for the purpo...