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2/1, 1000 sq ft. Complete gut, damp basement, place is a hell hole. Seller owes 28k on their loan. Recent sales in the area of similar properties are $62k abd $90k. Seller is looking to get out as soon as possi...
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I'm looking for any recommendations anyone has for a general contractor. My wife and I are buying a place soon thats going to need some renovations. We would like to find someone to do a walk through and give us a sol...
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I think they call this a "less than arms length transaction."My brother and I will, hopefully, be selling our inherited house this summer. The neighbor across the street has expressed an interest in purchasing it. He ...
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I've searched around for answers on how to invest your first couple thousand. The answers that I have gotten are to:1. Invest in yourself/ educate yourself 2. Invest in Stocks3. Realty SharesThere are obviously other ...
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A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
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I am under the impression that at a capital amount ($1k - $5k) this low, one is only able to possibly purchase tax liens/deeds.However, I see YouTube ads of investors who state that $1k in a rural area perhaps, could ...
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Hello BP - Need your input here.We went under contract on a property in Baltimore about 20 days ago (06-22-2020). The closing date was set for July 17. It is a wholesale deal. Both the owner and wholesaler signed the ...
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I have had the opportunity to find and work with some of the best property managers (after many years) for our current properties. Over the years we have gone from me just treating them like just a service I hired to ...
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I was the high bidder on a homesearch.com property last week, but the reserve was not met. I assumed that meant no deal, or that they'd call and perhaps negotiate. Strangely today, I just got an email saying the fol...
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Hello All,
Ive read a lot about the 1031 exchange and the live for 2 years and own for 5 years rule. Ive also heard of people using some rehab costs as tax writeoffs? But other than those few laws I've learned from o...