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The building is in the 33603 zip code in Tampa. It is 2 stories. The second story has twelve 625 square feet apartments. The rent would be $800 a month for each apartment. The first story has four 1,875 square feet re...
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I’ve been researching Fannie Mae smaller apartment loans. I haven’t been able to figure this out: if the debt is non-recourse, why then does the total net worth of the borrowers have to exceed the loan amount? Is ther...
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Hello everyone, I have a capital gains tax question. I purchased and flipped a house April 2014 and sold it in September for a profit. I turned around and bought another house in December and sold it in January 2015. ...
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Hello All,I purchased my home in Henrietta, NY the first quarter of 2018. It was assessed at $119k but we bought it for $115k. I got a letter from the town yesterday stating that the new assessed value is now $130k.Do...
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Does anyone have a good guide or book in setting up QB 2014 for landlords?I cannot find anything other than landlordaccounting.com. I just posted there to make sure it will work with 2014.Thanks in advance,Kevin
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Looking at purchasing real estate + business and I have questions regarding an SBA loan. The subject business has been leased out to a 3rd party and is currently being foreclosed on by the landlord. Upon foreclosure I...
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Hey everyone! I'm excited about buying my first home as I pursue a duplex here in Houston to launch my real estate journey. I've listened to many of Dave Myer's webinars now that walk through Finding Deals, Analyzing ...
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I had my eye on some Sheriff auction properties in Allegheny County, PA. I'm new to this type of property and have been reading a lot on this forum and the other sites and it's overwhelming.
Here we have to make an a...
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Farmed a lead from my marketing. Turns out the owner is deceased, so I will be buying from his children. His children want to sell, the house is distressed, vacant. Get the property under contract for 16k. Tax Apprais...