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I have an opportunity to buy a property that currently has a small 2 bedroom house currently being rented for 1000/mo. There is a large 5 bed 2 bath house directly behind it that has been sitting unfinished for a year...
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Contract for deeds can be a love hate relationship. I have a performing contract for deed that I am putting the borrower in default. Yes that is correct —> you are probably wondering how and why?Well for the past y...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $625,000
Purchased large duplex in prime location of Kansas City, MO, 1-2 blocks from the Country Club Plaza. In...
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I'm breaking into the multifamily scene and will be converting a 4 unit multiplex into upscale "loft" style apartments marketed towards young professionals and grad students. This is just to get my feet wet.. I eventu...
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I own a flat roof quadplex which consists of two single-level duplexes side by side located in Jacksonville, FL. One side needs re-roofing and it's being recommended by various roofers to have a pitched roof rather th...
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Hello BP, I'm a new Multifamily Investor in San Antonio and I'm looking at properties in Government Hill and Denver Heights. Can anyone tell me what the current market cap rates are for Class C multifamily properties...
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When deducting capital improvements from any profits made on the sale of your primary residence, can these capital improvements be made in the name of your sole proprietorship even if the home is in the name of the in...
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I'm looking to purchase a new primary residence in Scottsdale, AZ that would double as a Short Term Vacation Rental when I travel for work but I have VERY limited cash for a down payment. I currently own one STVR tha...
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I have a SFH with equity that I will be selling and 1031 exchanging for a commercial/mult-family property. Can I legally syndicate the new acquisition, and if so, will this just create a tax accounting nightmare?Ahmed
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Hello All,
I've been on this forum (on and off) for years and never quite made anything work in Real Estate as I didn't have the income or credit to invest. I sold my property a couple of years ago and moved from IL....