Nicole Driscoll
Trading Down 1031 and Boot
We are considering trading down with 1031 exchange. Can you ever pay more taxes with 1031 than if you just paid the capital gains from the start? Our replacement property will have a lower mortgage and we will have so...
Chris England
Loan amount
I'm from the Metro Detroit area and I'm considering purchasing my first rental. Talking with the bank today my broker told me that in order for him to do a loan the amount had to be at least 60k. After my 20-25% down....
Patricia Perdomo
Should I buy a house with black mold in FL
Found a SFH (single family house). Went to the open house and there is black mold in the garage, green mold on the ceiling and rotted and falling paint from a leaky roof. Seller says estimated cost of roof replacement...
Victoria Robertson
Market in Cleveland?
Hey everyone, I wanted to ask if anyone has thoughts about investing in the Cleveland area. My longtime boyfriend and I are looking to buy singlefamilies with good potential for sweat equity in the area, although we'r...
Tanner Kenneth Jenkins
Pretty big opportunity that I would appreciate your insight on
My dream is to rent and hold rental properties and eventually become a Principal Broker. I have been doing real estate school here in Utah for a month now and am about 1/3 of the way done. I just had a mentor of mine ...
Augustin G.
Better deal or better neighborhood? First buy owner occupy multi
Just hoping for some input on this. I plan on making my first purchase within 12-18 months, going multi family route with a FHA loan, with my fiancee and I occupying one of the units. My question is, would it be sm...
Ngan Nguyen
Is it too early to lower the monthly rent advertised?
So I just started out with my first rental property. I posted my rental ad on multiple platforms (zillow, trulia, zumper, craigslist, apartments.com) and set the rate about 10% higher than the market with the intentio...
Jacob Beg
Low Offers on my listed properties-Is this the new reality?
Hi All-I rehabbed and listed three properties for sale. They are rehabbed to a high standard and my asking price is somewhat lower inferior comps.I have received offers where buyers are either asking for 3% CC concess...
James Danchus
Podcast 131: Is Cash Flow a Thing of the Past
BP,So I'm listening to Podcast 131 today and I heard the brilliant Serge Sukhat say something that I was hoping to dive into in greater detail. He said that cash flow is essentially dead. Granted, the guys' REI IQ is ...
Brad Alexander
Which startegy is best for a flip?
I am a newbie investor and I have a question in regards to flipping... Since I am starting out, is it better to focus on properties that have a lower purchase price in lower potential neighborhoods ($40,000 purchase-$...