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The February 2023 market numbers are out from the Austin Board of Realtors (ABoR). Last month, the median home in Austin sold for $530,000, which is down 6% YOY. However, the greater metro had a more considerable YOY ...
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My Brother-In-Law bought a condo in Sacramento about 6 years ago when the home prices there were still very high. He initially had a good investment going for him, but now things have radically changed.
He owes $105...
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If a deal doesng go through due to a failed phase 1 environmental study and your LP already spent thousands of dollars on the environmental study. How do you make this up with your LP?
Details- he has a property appraised at $356k. He wants to refinance and take out 90% to put down on another house. He has it rented out now on a 2 yr contract. 2 months into the contract. After the refinance with ren...
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Inherited tenant in a duplex. Rent is $600. Not high dollar stuff here.
She’s month to month. She’s nasty to me and always has been. This is my 4th or 5th month and she’s now 9 days late. This is an out of town prop...
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My LLC is domiciled in NJ. It holds a couple of LLCs that own property. I’m looking at properties in Florida and may move there. What is the best way to acquire new property in Florida? In a Florida LLC? Create Dela...
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So I recently took a trip to view an 8 unit apartment in a small town (Pop. ~10k) near me and after looking at the property I found that it looks to be a C to C+ property just down from an A to A+ area. The numbers on...
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If my SIDRA (regular/untaxed contributions) pays UDFI tax, what happens to distributions from the IRA? Do I have to pay tax on that income again or do I now have basis in the IRA?Also, I think I understand that bonus ...
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In the aftermath of Hurricane Irma my partner and I have come across a bunch of flood damaged SFR and MFR properties at huge discounts. We buy and hold but are in a position to change course if it would make financial...
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I recently purchased a new home and renovated my 2 bed townhome in Morgantown WV, 5 minutes from the college. I added a 3rd bed and bath and the going rate is 1500 mo. This is close to the hospital and University. ...