Christopher Colburn
Turning a property into an assisted living home.
Hi,My wife and I have been working on a plan to turn investment properties into assisted living homes in Colorado. She has been in this type of industry for a while as well as knows people that have turned properties ...
Karen Margrave
>> Are you watching VP Debate tonight? <<
Are you watching the VP Debate tonight? What candidate are you backing? Do you get actively involved in the process.. making calls, door knocking, etc.? Personally, I am a political junkie!
Justin Moon
Hard Money Loan???
Pros, cons?
The realtor I work with found a foreclosure that looks promising if I put in the work. I went for a viewing yesterday, and it needs a bit of work but I can see the potential in it if I buy it for ...
Lane Kawaoka
Cashing out 401k loan
Has anyone cashed out their 401k? You would have to pay a 10% penalty plus you pay federal/state taxes. Any comments is it too risky or risky not to do it?
Chris Turek
1031 vs accelerated deprecation for qualified real estate prof.
I will try to summarize my situation. I sold a property last week and hired the necessary firm to put it into a 1031 exchange. I have a cap gain of about 400k. I have identified a property to purchased that would c...
Dawon Irvin
Exploring the ABCs of Real Estate A Dictionary of Real Estate Terms
This post serves as a detailed reference point—a compendium of real estate knowledge that delves into the fundamental aspects of this dynamic field.
1031 Exchange: A tax-deferred exchange allowing the sale of one pro...
Luke Eastman
Rental properties in LLC
Hello I had a question, my father passed away a few years ago and left us two rental properties in Virginia. Both properties owned free and clear by our mother but my brother has the power of attorney. We are trying t...
Dean Weltman
My Wrap Hit a Snag, Looking for Other Ideas
Guys and Gals,My first wrap hit a problem - HUD apparently doesn't allow wraps of FHA mortgages. I have a buyer ready and willing, but he insists on only doing an owner financed transaction.Here's the skinny: I have a...
Angel Prentiss
How to find MLO to originate seller financed loans
With Dodd-Frank in effect.... has anyone found a loan officer who will/can originate loan docs for seller-financed loan? Our go-to mortgage officer isn't allowed to; he's at a mortgage company. Willing to give me t...
Mark Porter
Equity Trust vs. Quest IRA vs. Solo 401K who should I go with??
I have 77k to fund one these self directed IRA but now I'm trying to decide who to go with. Seems like Solo 401K give you the most control of your money, please help. Thanks!!