Account Closed
Market Value of Homes !
Does anyone have any solid numbers to show the market value of 3b2b homes in Lubbock TX or what homes in general go for. I am wanting to build some money through wholesale so that I may step in to the business of rent...
Emilio Estrada
Investing with high mortgage rates?
Hello all,
I am looking to buy my first rental property and just wanted to hear your thoughts. Should you invest in real estate while rates are high? Should you wait? Does the lower purchase price balance things out ...
Arthur Schwartz
How is depreciation handled at a refinancing?
Hello! I want to pose a hypothetical example. If I buy a rental property for 200K where land is valued at 50K and building at 150K. then i can depreciate the building at about 3.6% annually or $5455 in dollars. Let...
Derek Maxson
Refinance Commercial MF: What terms should I hold out for?
Hi. I have a multifamily -- more than 10 units -- that we've had for 4 years. I want to refi to take cash out. Using the same bank that holds the original loan.Should I expect the bank to want a point on the whole ...
Justin Hennig
Confidentiality Agreement
Who would be willing to share a simple Confidentiality agreement? Ken McIlroy points out in the ABCs of Real Estate this is essential in establishing professionalism when approaching owners of off market property.It ...
Ian Martin
Has anyone successfully utilized the city's ADU program?
I'm looking to buy my next primary residence in the city and want to take advantage of the city's ADU program to convert an unused space into an additional unit. I'd like to talk with someone who has gone through the ...
Jeff Pullman
Construction Loan after Recent Vacation Rental Purchase?
Anyone have suggestions tactically for how I would go about getting a new loan (likely a construction loan) on a new property after recently closing on a vacation rental within the past year?For the sake of illustrati...
Joshua Andrews
Note Tails
I have heard several people refer to "note tails". Or "putting a note tail in my IRA". Could someone shed some light on what that means? I'm guessing it's buying a certain number of payments on a note, or..?
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Eric Williams
Oversimplified Cost Seg Example
Let's say a rental property gets 12k in rental income, passive.Cost seg gets 50k, resulting in passive activity loss of around 38k.The amount of passive losses carries from the Sch E to the 8582 to determine the loss ...
Kathy Pinho
8+ Unit multi in New Brunswick, NJ
I am looking at purchasing an initial property. I would like to now what the cap rate is for the above area ( New Brunswick, NJ ) so that I can run the numbers for this property and see if it works and is priced corr...