I know we can use a promissory note to pay the seller during the subject2 deal because the property have equity and positive cashflow but how do i know in the next 5-15 years i will have the money to pay back the sell...
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Hi Guys, I have this crazy idea to sell houses without estate agents. There are numerous benefits to this other then the obviously huge financial benefits as an agents commission on average of 5% is not needed to be p...
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Hi all, i am building a new construction, a single family home to sell. This is my first real estate investing project. I hired a project manager to oversee the project. We agreed upon the time schedule and budget at ...
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Hello everyone! I’m looking to get a quick sanity check on my understanding of the IRS publication 523. My wife and I will be moving from Texas to California as part of a work related move. We will be selling our prim...
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New Pro member in Phoenix, AZ. Just filed personal tax return for 2017. LLC holding our first 4 plex was filed a while back. I was surprised to find that depreciation was not deductible and loss was not reported as...
BP community,
I a newer investor looking for some advice on a few seller financing deals I am looking to purchase. The numbers on the deals are very favorable, where I could even negotiate up on purchase price with...
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Maintenance- As of now I feel maintenance requests are the only aspect I would really like to experiment with. With a growing number of tenants, keeping up with what tenants request and don't (what we schedule vs. ten...
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Good day,
I know my situation is not unique. I got my RE license 10/2014 but have not used it. I'm currently a full time personal trainer but wanted to transition to RE sales. I see I can make more income as a agent....
I bought 2 small commercial properties next to each other so the buildings actually connect to each other. I bought them for $750k, I put $200k down and invested about $200k in renovations. Its a seller finance deal a...
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I am finishing up rehabbing the last unit of a 3 plex in Omaha that I am planning to sell. Currently, all units are vacant, which obviously made it easier to rehab, and will be much easier for scheduling showings. I...