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I reside in NC, but my rental property is in NJ and in a NJ LLC. I am going to sell my rental and I am wondering if I will have to pay the Bulk Sales Notice or the Exit tax. Can someone please explain the bulk sales n...
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Given the choice to invest in a 30 unit apt complex or 30 sfr's, which would you choose, and why? Assuming the market is the same, etc...
I want to make sure I'm thinking about everything from sourcing the deal, fin...
Hi everyone,I've been doing plenty of research on this topic and thought it was time to seek some outside advice. I've owned a 4-plex property in Long Beach, California. So my following questions are.1. I work full ...
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I am considering offering on a property that is being offered by a wholesaler. This property would be a buy and hold rental. Some numbers that I have come up with that I think will make it meet my criteria for being a...
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Stockton Deal Analyses – Estimating CostsA while ago I wrote a series of posts ranting about the current state of the residential income property market in Stockton, CA. In each post I highlighted a current listing an...
I’ve posted before about this situation but have some new things happening since then.Tenants signed lease on June 9th and paid security deposit. Lease states move in date as July 1st and 1st month’s rent was due on o...
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I had a good first quarter as far as appraisals are concerned. I am wrapping up my last appraisal for a while, a 180,000 square foot warehouse. Unfortunately the market for that type of property is pretty thin; howe...
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Greetings colleagues,Last year, I created an LLC in Austin, Texas. I never really got anything off the ground there with it, because I had a bunch of "fires" to put out personally and professionally. Fast forward one ...
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if I flip a house and make 50k.... then I reinvest that 50k in another flip... I understand I don't pay taxes on that 50k... but what if I reinvest to buy another property then mortgage the house right away and take o...
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I've read and listened to several stories of landlords just forgoing the traditional security deposit altogether. They claim the hassle and potential legal troubles are just not worth it to them. As a new landlord, th...