Jason Thomas
Capital gains rate for condo sale upon retirement
hi all,My question is in regards to capital gains. I was thinking of delaying a sale of a long term rental upon my retirement from my job. If I do this in my first year of retirement with no earned income what is t...
Walker Diallo
Finding My First Deal
I seen this question posted many times and since im new here I figured I would add to the value in the group. To find a good deal you must understand your market, which means you need to find a distressed property. Fi...
Demetrius Lindsey
People want to invest with me now what??
So I have done a few deals nothing of major note. But lately, I have had several friends and family members saying they would like to invest with me on deals. The biggest one is my dad who wants to give me $100k to in...
Jonn Vidal
Y do 1% List brokers ie RF charge seller extra 1+% if Buyer Unrep
Was surprised to see even RF slaps on an extra % taken out of the seller's proceeds whenever the buyer is unrep.Are there any exceptions? NY
Digger Odell
Home based business
Do I understand correctly that one can deduct that portion of your home's property taxes as a business expense that is used for your business?If so, is that based on the square footage used to support the business? In...
Eric L.
Apartment vacancies near historic high
According to Reuters. http://news.yahoo.com/s/nm/20090708/us_nm/us_realestate_usapartments
A couple interesting things in this article:
"The national vacancy rate rose to 7.5 percent, the highest since 1987 and an i...
Jimmy C.
Got Auto Rejected by HomePath
Hey, so I was making my offers on properties as usual, and I got a rejection from an offer within almost an hour of making it.
It seems that when the realtor inputs the offer, if you are under a certain percentage, t...
Ben Reeder
What to do what the rent is below the 1% rule of thumb
Hey BP,I looking to buy a multi-family in southwestern Florida. In that market currently all the on market opportunities seem to way over priced to meet the 1% rule of thumb. (ROT: 1% of the purchase price would equal...
Barbara Gordon
Houston MAO formula
Hey everyone, quick question and i’m not sure if it varies upon area but what is the percentage you use in your MAO formula. Is the percentage 70% across the board for investors? I’ve been told some investors will pay...
Chris Jensen
7 Plex in La Mesa (San Diego), CA
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,100,000
Cash invested: $1
7 Plex in La Mesa. I got a percentage of the deal for providing the general cont...