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How would you account for appreciation/upgrades to a new construction build from a Cost basis perspective?Ex) Original build was estimated to be $500k, however during the build upgrades were selected such as windows, ...
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These "Free Real Estate Investing Seminars" have been becoming more and more popular recently and I just wanted to give my take on them before people get scammed out of their hard-earned money. After I attended one of...
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He said it is not so much about it being legal to do in my state but more about what is written in the agreement that allows me to sublease to another tenant buyer in a sandwich lease option transaction. He said it is...
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Hello,I have a client from my day job who inherited a property in Inglewood, Ca. It’s stone’s throw from where the new SoFi Stadium is being built. Her deceased father had a reverse mortgage on the property and the co...
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That would be lip syncing.... Serves me right for talking on one subject and typing another at the same time.
http://www.youtube.com/watch?v=cCyPAaubENE
The Onion is genius...
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Hey guys! I’m really trying to read and watch everything I can on investing. Recently I have been analyzing (on paper) 3-5 properties a day just for practice. On Zillow, under more info, it states “Total Actual Rent.”...
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Hello all, I've got a fourplex under contract in Montana and have started shopping for a local lender. My wife is the primary borrower because she has a 75K nursing job and an 800 cred score. With 25% down and a 30 ye...
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I am in escrow on a foreclosure that fixed up would be about a 200K property. I can get it for about 145K but it needs a few things as its a 50 year old home in a great location. This isn't my first rental, but I want...
“Well you can always just state your intent is to make it a primary residence. Once you get the property then whatever, life happens you may change your mind if you catch my drift” - this was followed by a laugh.
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Good day Everyone,
I hired three virtual assistants in order to turn my wholesaling business that had picked up some momentum into a true business that allows me to work on the business instead of “in” the business....