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Broke buyer gets crazy: Home sold on land contract needs repairs
I have a house that I sold on a land contract. So I created a note and there is an underlying mortgage. Now a few years later the sellers are saying that the house needs a new AC unit ASAP. They don't have money fo...
Chad Reynoso
Shielding Cash Flow
Good day,Wanted to reach out and get some feedback on a particular topic of cash flow. Since the tax season is coming to a close I had a question on how to shield or protect your annual cash flow from being considere...
Kristopher Rodriguez
Question involving Capital Gains, 1031 Exchange, Seller Financing
Hello to all! Thank you in advance for reviewing my question. My question involves three parts: Capital Gains tax liability, a 1031 exchange, and seller-financing. Here is the scenario:
- Investor purchases a propert...
Kaaren Hall
Financing Self-Directed IRAs and Solo 401ks in Real Estate Investments
Introduction to Real Estate Investment through Retirement Accounts
Have you ever considered that a Self-Directed IRA or Solo 401k could be used to invest in rental real estate? Surprisingly, many people are unaware...
Sarah Anne
Property Management Rental Advertisement
How should rental advertisement be handled with a property manager? Should it be included in their fee or should I be paying it separate? How much should I allow for advertisement, to make sure the property manager do...
Serge S.
Combined $3M liability insurance for B2R/First Key refi
I've been working with B2R and First Key on a large cash out refi and one of their requirements is that I carry a combined liability of $2M for First Key and $3M for B2R. I had my insurance broker get some bids that a...
Peter Morgan
Declarations page required to cancel old insurance?
Hello,I need to cancel my old insurance policy as they kept on increasing the premium indiscriminately but the insurance agent is insisting on giving them a copy of new policy's declaration page before they can cance...
Ellie Narie
Are gift taxes triggered if you add a joint owner not on loan?
I'm wondering... if I get an FHA loan and buy a 4-plex to owner occupy, and if I put another person on the deed who is NOT on the mortgage, would gift taxes be triggered? And if so, how are those calculated? If the 4p...
Justin Case
W/S/G Now has to be in Owners Name in Seattle
This will make rents even higher.
Changes to Tenant Utility Accounts
Fritzner Paul
any experience with a Correspondent lender?
Hello all!!
I am a new investor in Orlando, FL
I have been looking around at lenders to see what i might be able to get preapproved for and after speaking to an agent i was referred to a lender whom after speaking t...