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What do you do when you close a lease option deal in which you collect Lease Option consideration??? Legally do you have to hold it as if it was a deposit or can you use that to go find more investments and invest it?...
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So I'm looking into buying a property in another state in which I don't have any title co or attorney contacts yet. I want to put only $10 down so as to bind the contract but I don't know where to put it. How do you...
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Hey everyone, I am in Vero Beach, Florida (on the Treasure Coast) and am looking to make the previous owners garage conversion to living space into an actual separate ADU. I am planning of making it a medium or long ...
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Good evening investors. I have been trying to flip my first house for the past 12 months to no avail. :roll: The bottom line always seems to be that I cant come up with the EMD (I've been laid off from my day job and ...
Hi all, I have a family member who is trying to give me property. The property is located in Virginia. Given that there will be no exchange of cash or any other considerations, I believe I will need a quit claim deed ...
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A local investor is dumping all of his properties and I'm considering buying one. This will be my first property. The property is currently rented and the renter is paying a below average rent for my area. I plan to u...
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We, husband and wife and our children, live in a paid-off house (A1) with short commute to work.For the sake of better school district, we are buying another house (A2) and plan to live there for the next 8 years.We...
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How to Calculate new Property Basis in 1031 Exchange
Define terms:
Property sold
P1 = Original Purchase price of property exchanged
TDP1 = Total Improved Property = P1 – LV1
LV1 = land value when purchased
TD1 =...
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Hi,
Canadian real estate investor here looking to start investing in Ohio- Cleveland, Dayton, Columbus, Cincinnati areas in consideration.
Looking for advise and help with contacts that can help including a realtor...
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Hey - I learned about Roofstock from this site but would love to hear from anyone who has purchased a property through their website/listings. This will be my first investment property. - how was your experience buyi...