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My property manager locked out a tenant and started eviction proceedings, since the tenant was behind on rent repeatedly. The tenant had ~4 years left on the lease. Tenant moved out all her belongings, and is requesti...
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I am buying a rental house with proceeds from the sale of a rental duplex. I plan to renovate the house. There is a possibility I will ultimately move into the rental and sell my current residence. I know I would t...
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Hey Everyone,
I've been building an Excel financial model that can quickly analyze potential value-add multifamily projects and I've run into an issue that I wasn't expecting - when calculating the returns, do you t...
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Investment Info:
Single-family residence fix & flip investment.
Cash invested: $120,000
Sale price: $729,900
This was my first fixn' flip and we did it with seller financing. It was a family memb...
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I have a client who owns property and is renting it out. Meanwhile, she is renting another property as her primary residence.Now she wants to sell her property, end her lease, and use the proceeds to help her son buy ...
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We sold a property last year and are carrying the note. Buyer has been making monthly payments and is due to make the balloon payment in a few months. I'm wondering what the tax implications are for both the payments ...
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I have one bedroom one bath condo in Los Angeles county. Purchased 3 years ago for $232k, I have about $22k into it (including the 5% downpayment). The current loan balance is $206k and its appraising now at $300k. ...
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So I have owned a triplex for almost a year now and recently had new my first turnover. I had tenants move out of one of the units and new tenants move in. They have been there about 2 months now. I just had my prope...
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I have a property id like to sell where the net proceeds post sale will be under $1m. Ideally Id like to 1031 into another suitable investment (fund) but they only work with Deferred Sales Trusts.
Would a DST be feas...
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Hi, I have a lease ending on a rental property, and it's time to sell and buy in another location.The property has a mortgage, a HELOC, and also a 3rd lien where remaining equity was used as collateral for an unrelate...