Kevin Barbot
One of a kind property rental, How do I price it?
Hi everyone,I own a property in a highly sought-after rural area of Lee County, Florida, which has been under my ownership for the past 12 years. Initially, my family and I lived in this house for a couple years befor...
Lawrence Porter
Cost Segregation a powerful income tax strategy for commercial RE
Under current tax law, your building is set to depreciate over 27.5 or 39 years. But many assets like lighting, carpeting and cabinetry depreciate much faster than that.
Which means you shouldn’t have to wait all t...
Greg Rutkowski
Utilizing a Lease Option to buy as an Investor
Alright,I have a challenge for everyone. I'm not sure if anyone has read "The Real Book of Real Estate" by the Rich Dad Team but they reference using a lease option as being an investing method to purchase a property....
Brian Kempler
Lease option a junker or only take title?
I listened to a speaker who said he never does lease options on ugly/cheap homes, he only takes title subject to existing financing on those.Do you guys agree? If so would you walk away from a potential lease option d...
Val J.
overbidding on properties at auction.com
I was interested in a property that I saw on auction.com. I went and viewed it and thought it might be worth a go. The opening bid was $17, 500. By my estimate it would need at least 20K+. The auction began Friday an...
Trudy Smit
short sale question about disclosing offers
Can someone shed some light on what is the CA rule or protocol in the following Short sale scenario?:
Buyer 1 has an executed contract for $380,000, meaning Seller accepted the offer and offer is being presented to...
Jeff Klein
"1031 Cooperation clause": Should I include it in my sale contrac
I am close to going into contract for the sale of my property. Is it required or desirable to include a 1031 cooperation clause or any other language regarding my intent to sell this property as part of a 1031 exchang...
N/A N/A
Ever bought a condo hotel?
I am wondering if anyone out there has invested in condo hotels. I would like to know if the income supports the high asking price by the developer. Due to SEC rules, the hotel management company does not provide an...
Clinton Smith
Have a Note buying question
Hello, I recently spoke with an investor/seller, who has a 4 plex in the Petersburg area.He offered $1500 for the note to take over and I would secure the Deed of Trust. The property is still in the owner name. He adv...
Mike M.
dealing with contractors
Looking for advice on how to deal with my handyman/contractor. He is good at bringing me inside info on deals in my market. He is doing this in hopes that I will have him do the rehabs. Problem has been the quality ...