We're looking into selling a current rental property to my daughter. It would be their primary residence. We purchased it for 127,000 in 1995. It's current estimated value is 330,000. My question is what capital gains...
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Hey everyone!I noticed strange thing on my market. I see some duplexes that people selling with a price by the unit! Not the whole duplex, but instead they sell Unit 1 - 110k and Unit 2 - 130k etc.Is it legal to sell...
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We are looking for a multifamily property to buy. I know that 2-4 doors is considered a personal mortgage and five plus is commercial. My question is about criteria to qualify for a commercial loan. What are the stan...
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The money I used to start the IRA was post-tax and the value of the IRA is less than what I invested. I was thinking of waiting for it to even out, or close to it, and re-invest the money somewhere else. Are there pen...
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I am missing an understanding or a step in the simple calculation of finding how much ROI I get for my cash with regards to notes.
This is my simple process, which seems to give me whack return figures.
Monthly paym...
Hi guys, I am in San Diego with around 45K Liquid, and a 767 Credit Score. Rates are looking really good right now and there a few townhomes for around 570K near by, do you guys think I should purchase now or wait unt...
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Hello everyone, I am still trying to learn a lot about RE investing. I've binged listened to a lot of BP podcasts, read the forums and 3 BP books, and still trying to learn the best strategy for me. Currently a renter...
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We own several all electric houses in Lorain County in Ohio. These homes (entire neighborhoods) were built in the late 1970s with 200 Amp service, heated only with electric baseboards. These homes do not have baseme...
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I have a tenant I need to try and renegotiate the amount because it is not profitable for me to rent at the initial negotiated amount.
I have a rental property and have just refinanced my personal property. I want a single rental as I know the renters and I enjoy flipping more than renting. My initial plan was to sell my personal property in a coup...