Lets say someone buys an apartment complex for 6 ml for cash.How much should they add for the closing costs if no loan needed?Thank you
Hello,Real-estate investors benefit from their investment with cash-flow and with the build-up in equity. However, it seems people look at cash-on-cash return but ignore equity build-up. This seems logical if you look...
I have a friend who was renting from his friend that owned the house. The guy that owned the house passed away about 2-3 months ago. This persons parents were both deceased, has no brothers or sisters and has no child...
Are there still some city/suburbs in Canada where you can cash-flow positive/breakeven as an investor in the condo/townhouse market?
Tenant has moved out 30 days ago. Today received a text message from a lady saying she had a fall in my property when it was rented to that tenant. Tenant's insurance has assisted her. Now she is still not well and ne...
Any investors out there knowingly investing in markets in general decline? My hometown is effectively a rust belt city. Population is exactly the same as it was when I was born and median income has stayed relatively...
I'm trying to find buyers for a luxury property and I have also questions about my numbers. In wholesale real estate we have the 70% rule for flix and flip but for luxury homes? For example, if the price is 1,6M marke...
Hi and thank you for your replies!Curious how you address letters received from the tax assessor (for us it is a county assessor) asking (demanding?) that we send P&L data for the property. clearly they are attem...
When sending a prequal with your offer to a property, is it better to put the amount of the offer on the prequal? The asking price? Or neither of the above
In my 1031 exchange I hold title to my relinquished property in my single member LLC but can I purchase my replacement property under my other single member LLC which has a different tax ID?