I get how to find distressed homes. But how to you come up with a price for example a neglected home that has plants and weed growing on and outside the home. How do you come up with a price to submit a offer?
I have been under contract since May for a deal to buy the building where my wife’s newly purchased business operates. We were supposed to settle on 8/1 but the upstairs tenant has refused to let the owner into the ap...
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I have already had my question answered here about having to capitalize fix up costs prior to getting a tenant inside the rental. Are utility expenses (electric, gas, water) incurred before getting a tenant allowed...
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We were able to ferret out a family of Professional Tenants yesterday after picking up on few 'red flags' on their applications. The short story: They seemed very nice, applications looked reasonably strong with respe...
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My husband and I have been researching various aspects of becoming investors. One consistent theme is the recommendation to pursue a real estate license, which I am heavily considering. However, what is the recom...
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I am trying to analyze a cash purchase of a foreclosed property and need to understand the costs associated to close the deal. Can anyone help outline typical cost for cash buyer?
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When calculating cap rates, i understand in the article below, ali boone advises us to NOT add the mortgage payment. If this is true, wouldn't the cap rate be 4.5% vs 9.7%?
358 x 12 = 4296 / 94500 = 4.5% (m...
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So I discovered that I have two 457b accounts (from a prior job that I had) that combined equal $30,000.
I turn 50 in October and can withdraw the money without penalty and simply pay the tax at my normal income tax...
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Hello,
I live in the suberbs of Nj. There is a mix of price ranges in my town. They range from 5 figures all the way up to 7 figures depending on where you're at. What areas usually offer the most deals. S...
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I assume this is a simple enough question that experienced real estate investors could answer so I put it in this forum vs. tax.I have my first buy and hold rental under contract scheduled to close before Christmas De...