📈 XIRR vs IRR: What’s the difference?
XIRR and IRR are used to find the IRR of a project.
But what is the difference between them?
The XIRR and IRR functions in Excel are nearly identical besides one critical dif...
Hot Water Heaters are thought to be a cause of mysterious home and apartment explosions after extended absences. Hydrogen gas builds up in hot water lines of a hot water heater if not used for a period of 2 weeks or ...
Hi all. I'm in a frustrating situation that I would love to get some opinions/insight on!I have recently submitted an offer on a foreclosed property that has been on the market forever. The MLS description even descri...
I am a military member who owns a home in Texas. I lived in that home as my primary residence from September 2005-August 2009. At that time I received orders outside of a 50 mile radius (Japan to be exact) and move...
Seller is asking 2% earnest money on a $300k multiple family off market deal. Wants it to be non refundable after inspection period. I am not sure about this. Is this common in multi family deals?
Hey all—I’m a residential investor making the move to commercial after having a good experience with a mixed use property. I’m looking at a 3 unit industrial building with 2 tenants up for renewal within 2 years. As s...
This is an excerpt from a client report:Many chattel lenders are under the impression that SCRA does not apply to them based on materials published by HUD in which HUD disclaims any authority over the chattel lending ...
FAQ Coming on Like-Kind Exchange Extensions
Posted on Apr. 15, 2020
The IRS is putting together a FAQ that will clarify the recently announced extension of deadlines for completing like-kind exchange transactions.
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I am about to close on my first investment property deal, two triplexes in Oregon. I have a relationship with the seller and we are negotiating the terms with seller financing: 30% down, a 30 year mortgage, at 5% int...
How long does a HUD property have to be listed for them to take something lower than 85% of asking price? I recently bid on a HUD home that was 29K, they countered with $24650 (which is 85%). It is in the "extended"...