Rocky Griffin
What is my 1031 Basis?
I purchased a home for $7500 at auction. I have put $25K into the rehab of this property and am about to list the property for $70K. What is the basis when finding a "like kind" property of "equal or greater value?" T...
Ashley G.
New Lien Auction Changes in AL tax sales
Now that we are switching to tax lien auctions how do you guys feel about the changes ?
How do you think it will effect your business?
What are some new strategies you're trying out?
Answer as many or little as you...
Daniel Patton
Refinancing
I've heard about a strategy people use when buying, rehabbing and then refinancing to "get their cash out". Would anyone be willing to explain how refinancing a property works in an example like this? (excludes closin...
Shaun Troyer
How to figure out what a STR property is worth??
I received a lead on a 6 unit STR property that the owner wants to sell. It has been established for several yrs now and seems like a great performing property but lacking in a few areas like some technology and moder...
Paige Simpson
Capital Gains tax computation
I will be selling some land that I own and am having trouble understanding the tax that will be due. I entered the figures into 2020 tax software but the amount due does not match my understanding of tax computation. ...
Andrew Cowles
Sherif Sales/Upset Price
Does anyone know how upset prices are actually set for sherif sales?Most people say it is just what is left owed on the mortgage but I’m not entirely sure that’s the case. Some properties only have 15k left on the mor...
Mayer M.
Income based appraisal
Hey all,
Can anyone provide some insight on how an income based appraisal works vs. a traditional appraisal?
My lender will allow me to do either one.
Ali S.
Need Opinions/Advice on my family and I's portfolio
Hey everyone!Wanted to get some insight on what to do with my current portfolio. I'm kind of stuck and not sure what to do with the portfolio my family and I have created since 2021. It would be helpful and I apprecia...
Pao Prieto
Commercial Tenant on a NNN Lease
Hello Investors!Here in CA when you buy a property, the property tax will be a % of the sales price. With this being said, If i were to buy a commercial property with a NNN leases, can I immediately increase the share...
Willis Seng
Zillow.com
Has anyone heard of zillow.com? Its really new and its still in the beta stage but its free. You can search up houses and stuff and see the market value. Not only that, it shows graphs and charts for appreciation f...