Eric Phillips
Avoid capital gains/reinvest?
Greetings folks,I may be taking a job in the Spokane area which means my California home will be sold. I owe $220k and Im very sure that I could sell it for close to $600k. Im trying to figure out a way to avoid cap...
Aleksey Vinogradov
Newbie landlord. Please help with the very first steps!
Hi everyone
I'm (hopefully) about to close on my first rental property and I'm really in stupor about what my first steps should be.. The situation is this
This is a 4-unit property (2 duplexes, 2BD 1BT...
Amelia McGee
Dilapidated 5 Unit Multifamily Mid-Century Modern Building - IOWA
Hey all - I need help analyzing a deal on a very unique 5 unit multifamily property in a small town in southern Iowa. The building is a large brick building designed by a prominent engineer in the 1920s.The town where...
Mick Harvey
Tenant wants high speed internet
Have a great national tenant. Pays bills on time and takes care of commercial building. They spoke with AT&T and will cost $50k to run service to building. They are willing to pay it but wants added to rent.
If w...
Eric Rodriguez
Inspection revealed some interesting things..
Good morning, We recently got an accepted offer on a two family investment property and proceeded with our inspection the other night. During the inspection we found a few issues. Most significantly, the septic was no...
Snehann Kapnadak
Deal Analysis - 4Plex
Hi Everyone, hope all is well. Wanted to get your thoughts on this deal, based on the following terms:My goal (caveat): 1st MFH deal, looking fora stabilized asset for moderate cash flow. Not looking to do any major v...
Account Closed
Can I charge a tenant for my time making repairs? - In Virginia
Hi everyone,My first tenant, who was a complete pain in the neck, decided to take my incentive and move out early. I got a bottle of champagne and had a little party to celebrate... seriously, I did.The problem is th...
Barry Ratliff
I have owner finance borrower who's balloon note coming due in Tx
I hold the note. Borrower cant refi cause of credit. What are options to renew, foreclose or deed in lieu of foreclosure, etc?
Melody Jenkins
Question about Bargain and Sale Deed with covenant against grantor's acts
Hello, my friend is an 82 year old woman and in 1999 she went to a lawyer to have a document drawn up. Her daughter just gave me the document asking "What does this mean?"Top of document says This Indenture, made the ...
John Matthews
Offer Price Etiquette
Is there a point where it's downright insulting if your offer is too low?Let's say I'm considering a property with an asking price of $90,000. If, in order for the numbers to work out for me I determine I need to buy ...