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I've got an unusual situation I've never dealt with before. I was contacted by a seller trying to sell her mother's home AS-IS (mother is alive, but in a nursing home with severe dementia). The mother is on Medicaid t...
What are the rules regarding owner financing and property gains taxes? If I decide to sell my house with owner financing and take a balloon payment after 5 or 10 years, will I be required to pay property gains taxes o...
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Very much interested in connecting with local people in the area and pick some brains! I am a CPA here in town so am very comfortable with numbers. Been doing some independent research and very interested in testing o...
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For some reason this tenant decided to pay the Jan 2020 rent at the end of Dec 2019 to the property management company. The owner received the rent (minus the fees) from the property management company in Jan 2020. Sh...
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Attended a few seminars on wholesaling property. I’m very interested in learning the process hands on. I’m a property manager in NYC managing 5 residential buildings but live in CT. Wondering if anyone can help?
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Hey guys, I own a triplex and fourplex, and they are all just rentals, but recently I pondered the question of corporate housing. Two large companies are based within 20 miles of me. One is a large automobile manufact...
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Not so sure how to go about this.
There is an 8-unit building that is being for sale by the owner is the heir. However, it is listed with an agent/broker.
I don't have the funds, but I definitely want to see if Seller...
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Hey BP!
I want to run a hypothetical scenario by you to help me clarify if I have a realistic investment idea. I've been wanting to get into real estate investing in my area starting out with a house hack. The issue ...
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Typically, an investor clearly wants to understand the deal, the potential return, the potential loss, the "gotchas", and then make a decision on the investment based on all of the data. My company has an investor tha...
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I am looking for the best way to structure a rehab/flip deal, and am considering a Land Contract or Seller Financing. I am looking for advise. Below are the details.A family member has a SFR that they have owned for...