Anthony Addotta
Here we GO!
OK, This is it. I've read, perused, thought, re-thought, scared myself on more than one occasion, and have convinced myself that this is what I want to do. So what I need, what I'm asking from this community is helpin...
Brad Denkhaus
seller financed wrap - how should the gains be taxed?
Hello,I've asked several CPA's, and gotten varying opinions. Wondering if anyone feels they have fully vetted this subject and come to a definitive answer.Situation: purchase a property subject to the underlying lien,...
Lynnette E.
Help please! renting to a non-occupant adult child for parents
I am considering renting to a couple who have a very recent bankruptcy on their record. Their adult child asked if they could be on the lease and they would be responsible to pay the rent. The parents would be the oc...
Kim Handelman
Help me explain tax benefits to seller in seller finance deal
Hi all, I am trying to put together a deal and the seller isn't happy with the numbers my calculations support. I am hoping to offer him seller financing where he holds the note for 3 years at 6% which will net him cl...
David McCracken
Good cap rate for selling short term rentals?
I have a small portfolio of six rental units. Five of them are run as furnished short-term rentals, and one is a long-term rental. I'm interested in listing all six for sale. I'd like to know if you think this is an...
Jack B.
Anyone ever prefer NOT to do a 1031 exchange?
Looks like it's about 1K per transaction, but the 45 day limit of getting something under contract seems really unrealistic, almost pushing people to buy the first crappy deal. It takes time to find deals and since yo...
Kyle Meyers
Appraisal Fee Deduction
I am getting a cash out refinance mortgage on one of my rentals and will be using the cash to rehab another property to rent out. As I understand it, the appraisal fee and some other closing costs are not immediately ...
Dan Favor
Looking for contract negotiator for my short sales
Looking for contract negotiator for my short sales. I am trying to see if it would make good business sense to farm out the negotiation segment of my business and consentrate mainly on marketing and aquisition.
Ellie Perlman
Tips on Becoming a Full-Time Investor
Ok, so first of all...
The Two Types of Full-Time Real Estate Investors
Generally speaking, there are two types of full-time real estate investors: the passive investor and the active investor. A passive investor ...
Patrick Philip
What is your method of finding value add apartment complexes?
I only know LoopNet and similar sites. I rarely see any multifamilies through my wholesalers.