Jake Andronico
WHY Do You Want to Be Financially Free?
While this answer is different for everybody, there are probably a lot of similarities. I'm curious to hear from anyone willing to share (and post some photos if you're willing!)RE investing is difficult. But, that's ...
Pat Snyder
Question about ARV?
What is the best way to figure out ARV? is it comps in local area? Should I have my realtor run those?
Account Closed
$5650 Profit on Minimal Rehab and Flip
I bought a 4/2 for $40,000 in 78214 in December, and resold it for $50,000 50 days later. It was a simple deal. (window was put in the wall, no I had nothing to do with the colors it was there before)(we knocked a hol...
James Caling
Sell or keep the property as a rental
I have a house that currently has 350k in equity and has an NOI of $1,250 / month. In this current market conditions and the rumors of a potential crash in the housing market. I was wondering if I should sell the ho...
Frank S.
Removed Property from Market and Schedule E
Hi there, What happens when one stops renting a particular property. This is not related to a sell, so no recapture taxes apply. The reason is simply that there was no effort to rent such unit for a year. This is no...
Arjan Amiri
Tri-State Area or Bay Area Better To Be A Real Estate Agent?
Dear Buying & Selling Real Estate Forum:I am seriously considering a career as a real estate agent and am also considering relocating to the San Francisco Bay Area from New York City. I'd like to know everyone's t...
Michael Thomas
1031 exchange in an overinflated market?
I need some insight on a 1031 exchange. I have a closing coming up with a relinquished property netting me just over $140,000. This equates to $700,000 in spending power at 20% down. The only problem I am seeing is th...
Shiloh Lundahl
Just closed on long term bank loans on 3 properties with my kids
To be honest, I was given a leg up in life by my mom when she told me that she had an account with $20,000 that was set aside for my college education. With that money I was able to get a bachelors degree which led me...
Paul Witte
Structuring an unusual flip
I’m considering a deal on a house in a desirable area. It’s owned an occupied by an older guy in poor health who has no family or heir. He wants to give the house to a charity when dies. Instead, I’m pitching that ...
Dale Miller
BRRRR vs. Buy and Hold for Cash Flow
Seems like there are so many variables and risks with budgets with BRRRR's.Has anyone rehabbed a property and found that it was assessed not that much higher compared to where it should have been ?