Mia Edgar
Tax on Capital Gains
I need some quick tax knowledge. I've currently accepted an offer of $760,000 on a property with a $655,000 loan. My real estate agent is getting 5% about $38k so I'd have $64,000 in capital gains. How much of tha...
Anish Arora
prospective rental candidate owned house in past
I have a prospective renter who says has has owned houses in past 7 years.So, he does not have a "landlord reference". How to deal with this situation because I can't check any landlord references!!
Caleb Jordan
Moving to DFW in a month, just flipped a house in near Richmond V
I will be moving to DFW area from Richmond Va. I lived in DFW for a while in the past and am moving back now, so I have some knowledge of the different suburbs etc.. I just finished a live in flip in Virginia so I hav...
Bruce Horner
Pay the extra or settle?
As a new investor, my current market in ATX is at it's peak in pricing. Whether that comes falling down, who knows but what I don't want to do is wait for the "bubble" to pop rather, I'd like to get started sooner in...
Terrance Merck
Residential development in rural area
I am currently looking to acquire 2.5 acres of land for development in a rural area in North Carolina. This would be my first undertaking. The land is in a usda defined rural area and zoned for residential developmen...
Nick Horob
Cap Rate Data Source
I'm looking to get into multi-family investing. I would like to become very familiar with 2-3 markets/sub-markets in addition to my home market (Fargo, ND). I would like to research macro rental data and trends for ...
John Roberts
Looking for advice for best loan
Hi,I have a small SFR (1/1) that I purchased for $14K cash. It was a total gut job (rewired everything, all new plumbing, new walls, etc). We now have roughly $55K in it (including purchase). We have only owned it ...
Shirley McLean
Renovation Loan or Hard Money Loan for Rehab w/ 100% Equity?
I own a home free and clear but need to do renovations to it before selling it. It is not homesteaded under me b/c I just acquired it and cannot homestead (from what I've been told) til Jan 1st. I want to get it on th...
Jason Babos
First time buyer of Multifamily Unit - 16 unit
I am a first time rental property buyer and I have found a 16 unit multifamily building and I am wondering if this is too much to handle for a first time buyer/landlord. I do have a full time job and the building is i...
Mark Kelley
Tenant Incentives for Referrals
I've been fortunate to have great tenants. When they finally give notice, I often offer them an incentive of 25% off last month's rent ($300-$500 hundred dollars) if they refer a potential tenant who passes screening ...