Working on my first property and currently have one under contract. The inspection revealed some things I didnt notice the severity of at first. I think the property still has potential just at a reduced rate. I expec...
I am in search of a Real Estate Accounting textbook or online course that is easy to understand and allows for many practice problems. Thanks in advance for your assistance.
I am day 7 into a 1031 exchange deadline. I own a different property (unimproved land unrelated to the exchange) with my father (50% ownership). Can I parlay my QI funds into an investment property I already own 50% o...
I met with a motivated seller wanting to sell off all 12 of her rental properties. Her husband recently passed away and he ran the rentals. She is overwhelmed and wants to sell. She said she owes approx. 300K on th...
Hey BP,Has anyone had any luck asking a seller to carry back a 2nd for say 20-30% of the Purchase price? How would you go about asking something like this? I'd like to put as little down as possible. Here is the deal ...
So I'm reading this morning that prices have plunged 18% more in the last year. On the other hand I've been watching prices in North San Diego County. They don't appear to have changed in that period. Why not? I d...
How do I get the sellers of these properties to believe in me when it comes to finding buyers & closing these deals with a win-win for all parties involved?
Hi All,I found a property that is requesting $425,000. I need some help to determine if I should make an offer or not. If I do, i plan to make it between $360 and $390k. I assume $390k as that is what I am told by my ...
Still looking for my perfect first investment. There seem to be some good deals in that area, but some of the stats are making me nervous. Neighborhood Scout says the area I'm looking at, 5th St/Mifflin, has a high ch...
What do you think to buy a four family house with 1 boiler heater? I am thinking of the risks and cons are:1) more utilities cost as landlord should pay for the heat2) if the heat doesn’t work in winter, the entire ho...