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Purchased this home at the end of November. It was a bank REO originally listed at 139K. After some negotiation my partner and I were able to purchase for 117.5K. My partner is a contractor who focuses on rental pro...
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Investment Info:
Single-family residence buy & hold investment in Peoria.
Purchase price: $157,000
Cash invested: $35,000
Currently renting out for 1,200. This Townhome is 2 bed and 2 bath. It’s ...
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Hi, My name is Michal and I am new to the forum. I am working with an investor who would like to purchase several properties in Florida for rental purpose. His preference is to purchase 3 condos or apaetmemts (prefera...
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Hello all,I am considering a sheriff sale in the future. I'm going to spectate a few auctions before I dive in.Ive been doing a mock search on a property and doing the due diligence. Regarding utilities, I've spoken t...
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Good Day Everyone!I hope everyone's having a great week so far! I have a concern I'm hoping to get some insight and advice. You see I'm separating from the US Air Force in just couple of short weeks. I'm looking to us...
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I have a question about the best way to hire my son to maximize tax savings for the both of us.
I am retired and have an S Corp from back when I used to be a travel agent. Now my only income is from rental propertie...
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Happy New Year! 2016 is here.One of my new year resolutions for 2016 is finally do my estate planning and living trust.I've got some questions for who have recently gone through this themselves.#1 Are most probate/est...
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Okay, so this is a rabbit trail post but... I'm going through a divorce & looking for options to pay my soon-to-be ex out. I may be forced to sell my primary home as I can't get a line of credit large enough to p...
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I've written about this before but I just had an appraisal come back for one of my commercial properties. It literally appraised at 50% of what it appraised for in 2007. I put 20% down on the building and I've paid...
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I have 3 inherited properties (2 multifamily, 1 vacant single family). These properties are in a trust in which I am the sole trustee. All properties have been family owned for decades and are paid off (approx. $1.5 m...