Jon K.
What cost basis is used during a sale in this situation?
Let me preface this by saying I have already emailed the same question to my tax guy, but wanted to ask here as well. I am considering selling one of my rentals to the current tenants. This property used to be my prim...
Pedro Oliva
How to evict this tenant? (1st eviction) Strange situation in Indiana
Ill try my best to explain the situation. So Ive only owned this property for about 3 months now. I am purchasing this on a land contract. It is a duplex and my brother lives in one unit and the owner's nephew in the ...
Michael Luo
How I can fast my rental investing pace in my situation?
I am a beginner of real estate investment. First time to be here. Does someone have any suggestion for my situation? I brought 2 stories house in 2007 around 200k and paid off the mortgage in 2017. Because the job cha...
Graham K.
Need a lender for a unique jumbo cash out refi situation
Two and a half years ago my wife and I bought a fixer SFR for $450k in a neighborhood where houses rarely sell for less than a million. The rehab cost more than expected (surprise surprise) at about $650k. So we’re in...
Steven K.
What's the right situation to buy a turnkey home? - Primary Home
My parents and I are looking to buy our first primary residence. Have been renting since I could remember and are comfortable financially to take a new direction. Is it ever good to buy a turnkey home? This won't be a...
Babu Ramadoss
Is it wise to buy a home in the current situation?
I was planning on buying a rental property. I am an employee who has some savings. Given how the US economy is headed and the gloom around the global economy and markets, is it wise to invest 50-75K on a property at t...
Justin Hennig
Is this worth it? Vacant duplex in great neighborhood, tricky situation
Is this worth the trouble?There is a vacant older Duplex (1920's vintage) in a terrific neighborhood with wonderful schools in Minneapolis; I'd love to buy it, fix it up, and rent it out. I believe it would be either...
Jay Hinrichs
how to handle multi offer situation when you really want it
I posted earlier this week about a lot that came up in Charleston.. my realtor ( who is awesome) e mails me at a little at 10pm her time.. new lot on a little street I have already built two homes on and have been wil...
Wilder Fuentes
Good news! (Sequel to - What would you do in this situation?)
Good news (I think) to all of you, who have taken the time to respond to my previous post (What would you do in this situation?)!
Thanks to all the responses, I took the time to circle back to my city's bylaws, and I...
Alex Skeg
Is a Cash out refinance a good idea in my situation?
I was recently passed down a property that has a return on equity of around 10%. The property is paid off in full. The logical thing to do should be to refinance the property and use the money for other investments.
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