Folks, I have a question about a scenario. Bought SFR at $235k (Depreciation base: $200k) in 2016. The property depreciated for 7 years Loan on property: 200k ; Current market price: $360kIf I do 1031 exchange...
Husband and I are considering buying his parents' home and I have some questions about this and would love any feedback on how to minimize hassle and our costs. We're doing this for two main reasons: 1) Prevent his da...
Hi, I am a new REALTOR & in the process of completing a purchase agreement for an all cash offer (first one). My question is how long does the close of escrow typically take? Do I find this info out from the selle...
My brokerage is working on a property in Pasadena CA that has a long list of code violations(see attached photos). Despite several attempts, I have been unable to get any answers from the permit center or code com...
Long-time lurker, first-time contributor here...I've been practicing law for the last nine years and recently decided to dive into real estate investing. I'm going the wholesaling route to start. I'm a business lawye...
Hi all,My father and I have agreed to be partners in the fix-and-flip business in the DC Metro area, more specifically Montgomery County, MD. My father is a long-time contractor (50+ years) and can handle the rehab es...
Have a purchase contract signed on December 11, 2017 with a close date of January 2, 2018 for a property in Portland, Multnomah County. Seller decided to back out of the deal (this was a private party transaction, no ...
HI guys,
I need some advice here. I have a property manager who convinced me to do a quit claim deed to him so that the city will erase the debt on that property(electricity). That did not work. Now the deed is u...
I have a fellow question for you fellow bigger pocket people? Is credit karma accurate FICO score?
Hello everybody! New member / long time lurker. I am 20 years old in the process of transferring to Sac State from Sierra community college. In 2 years I hope to be graduating with my BA in Accounting. After a few mon...