Howard C
Property in Brooklyn purchased as a TWO Family but is a Legal ONE
I have an issue with a property that I own in Brooklyn that just came to light when I decided to sell. I purchased the house as a TWO family, as was stated in the contract, but now finding out that I can't get a Lett...
Raumil S.
Advice Needed: Selling CRE in Central CT
I'm not sure if this is the right forum, but let me know and I can ask in a different forum..Background:My parents own a small motel in central CT and I’m trying to help them sell it/the land. We’ve tried to give it t...
Cynethia Scott
Cash Investment or wait?
I know that is question has been asked several times but I cannot find the post that I started reading..
To make a long story short. I have about 25K in cash and spoke to a rep at the bank about a loan. They said ba...
Ben Valentin
How to protect yourself against contractors when flipping...?
So I remember in the podcasts a few guests talking about learning the hard way when dealing with contractors. Losing money, dealing with mechanics liens, etc. They all mentioned that the more signed documents you coll...
Michael Stole
Why are REOs and HUD-owned properties sold so cheap?
bank-owed (REO) and HUD-owned properties are sold much cheaper than other properties. What do you think mainly causes this difference?
Because they are not well informed about the market? I mean, In theory their age...
Ben Valentin
Driving For Dollars vs. Purchased Mailer Leads
I've been driving for dollars the past few days, and I'm really curious about a few things. I definitely see the benefit of driving the streets and getting to know the neighborhood. I also see the benefit of "quality"...
Josh Dickson
How to reduce the maximum amount of income tax for a wealthy individual.
Hello all,I've been flirting with real estate for a long time but due to my low earning potential, thus far I have never felt comfortable taking on the risk. My brother, however; is a lawyer and earns around 700k a ye...
Karen Salem
How do I buy building materials with a self-directed IRA?
While trying to set up a self directed IRA for real estate investing the rep explained to me that I can’t go to Home Depot to buy building materials. He said I “ You have to stay out of Home Depot” OK, not off to good...
Anna Watkins
Are your deals in the proposed city of Greenhaven (SE DeKalb Co)?
DeKalb County has been barraged with a number of new proposed cities, one of which is the (astonishingly boringly named) Greenhaven. This proposed city covers most of eastern & southern DeKalb County that's not a...
Robert Mayo
REIT accounting - COGS and margin
Hi. I'm trying to compare some of the private deals mentioned here with public REITs.
Looking up the income statements for Equity Residential (trades as EQR) I find a line for cost-of-goods-sold. What is this for...