Are there any formulas, rules, etc I can use to understand after repair value? E.g. if I spend 20k on improvements what will that do to my ARV? I image if I put 20k into a 500k property it wouldn't have as much impact...
I’m in the equity zone on my 4 plex to do a 1031 exchange and use that equity to buy a smaller apartment building. I have a basic understanding of how the process works. My question is do I need to use all of the equi...
So I rented out my condo last July and I'm starting to look over my tax documents in preparation for filing. I've done a lot of research over the past couple days but to my understanding since I make less than 100...
Good morning All,My mom owns a 4-plex in the Bay Area. She is currently living in one of the units. Zestimate according to Zillow is over $1.2 million. It's a 11 bedroom and 7 bathroom. Current mortgage amount is $290...
Hi all,Looking at doing my first hard money investment and would love to hear some real stories good and bad before I go down this path that aren't tik tok investor fairy tales.Thanks!Caroline
I would like to sell a single property and buy several SFR's1. Can you sell one to buy many? What are the complications with this?2. Can you buy from wholesalers with the 1031? Any issues?3. Can I include the rehab co...
I am about to accept an offer on 2 large tracts of Timberland I own. I have found a tract of land that I would like to build Self Storage on. I do have to change the zoning on the property and feel fairly confident th...
Sold a ranch (relinquished property) which was mixed-use (primary & business). We are trying to find information on how to identify if a replacement property will quality as a mixed use 1031. An example would be a...
Hi All,
I am just starting out and this one question keeps stumping me. Here it is - The house is in my name. The house will be rented in 6 months. I will be doing approximately 7k worth of updates to the house. ...
I am looking at a property that needs some work. It's not a show stopper, but I think it cash flows and wanted to get some opinions to see if there's something I'm missing and if I should run away.Duplex, both units ...