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Taxes implications for buyers and seller on Seller finance deals!?I’m working on a seller finance deal and have some questions on Taxes.Seller: Family member Seller’s Purchase price in 2009: $180,000Property owned fre...
Brokers' poor reputation has caused many brokers to rebrand themselves as “Commercial Real Estate Advisors” or “Real Estate Consultants.”This is similar to the Wealth Management and insurance industries, where commiss...
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Hi All. Looking for something simple to manage the expenses of multiple rehabs (which will be sold retails within 6 mos.). Nothing too complicated. Checking BP but nothing sticks out. I will put something together...
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Hi everyone,First off thank you so much for all the helpful answers I've received recently, I'm getting closer and closer to getting a decent understanding. Anyway, enough of that mushy gushy stuff! I live in northern...
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I have been reading many posts lately where PITI is not fully understood and the nuances of its application to investments property are understood even less. Let me take a stab at clearing some of this up.
P = Princ...
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Hi everyone,I am a newbie investor living in the South Shore area of Massachusetts. My original plan was to buy a four-unit property and rent out three of the four units. I will need to occupy the largest of the uni...
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I recently met a woman that has 3 duplexs in a very desirable suburb of Madison, WI valued at around $1 million. She would like to sell them but are reluctant due to the amount of taxes she'd pay. She plans on passi...
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Hey everyone - I'm trying to learn more about the challenges of utilities management for landlords. Does anyone have any pain points / challenges that they'd love to share?
For context, I'm currently doing research o...
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Hi all,I purchased my first property earlier this year. It is a triplex set up. However, it’s quite Unique. It’s 3 single family homes (bungalow style) on one piece of land. The homes do not share any walls. I’m livin...
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I just got back from talking with the bank about my situation. I was told in my situation that I should be looking at properties with 5 or more units. My goal is to simplify everything and to have one person I can g...