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Hello everyone..looking for some guidance for this possible opportunity.There is a landlord in my area who is burnt out and selling her 4 properties. I would like to approach her with possible owner financing but wan...
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Since I have not yet obtained a private loan on a property and dont understand it's mechanics, I have a question on a specific scenario I have been playing with: If a private loan is obtained and the down payment is p...
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Hey guys,
I feel like Ive always struggled with depreciation concept...
So, Ive been googling it, and here is what I found:
Let’s say you buy a single-family home for $200,000. The tax assessor’s estimate of the la...
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Can someone please explain how a 1031 Exchange works?
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With millions of baby boomers getting ready to retire between the years of 2012 to 2016, just how comfortable are you leaving your money invested on Wall Street? The demand to buy pushes prices upwards. With these ret...
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What is everyone's thoughts on this? We are turning to a renter nation, and big companies are still jumping on board in different times.. The market has changed and even with the change, a company like Chase is saying...
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I own 8 properties with a partner and were looking for guidance:We want to find an easy way to track our spending so when tax time comes around we will know exactly what we spent rehabbing each buy and hold rental pro...
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Hi, Fellow BPersI have a question on what strategy is the best on turning a rundown motel we recently purchased and would appreciate your inputs:This is a 20-unit beachfront motel that has been poorly run in the past ...
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I've got a property that I've owned a long time and it's been depreciated down to practically nothing (condo, so no land). I'm selling and I have a buyer if I will hold the paper. Say I get 20%dp, interest only and ...
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Hey everyone,I'm brand new to this forum and to discussions on real estate in general. I'm in my early thirties and have done ok saving and investing in the markets. I have used much of my money to travel the world th...