Kevin S.
What to do with $1,000,000.00?
I wonder what do someone approaching retirement do with $1,000,000.00? Buy a single property with cash and have about $65,000/yr in cash flow or use it for DP on a $4,000,000.00 property? Would the cash flow be the ...
Todd Whiddon
Diary of a POP TOP Second Story Addition Project
Intro…Keeping with the spirit of @J Scott 's “Diary of a New Construction Project” where we jumped into a HUGE project that we never really had done before, “Tear a house down and build a new one back”. This adventu...
Russ Marlborough
$13,000 down the drain? Locked into a deal that didn’t appraise..
I am suppose to close this week on a duplex that didn’t appraise. The Purchase price is 150k and it appraised at 120k. I am locked in due to various circumstances and will loose my 13k deposit plus miscellaneous inspe...
Anne Williams
AGENT SUGGESTS I OVERBID AND SEE IF HOME APPRAISES THEN NEGOTIATE
Hello, I'm trying to buy my first home to live in and the market is pretty hot right now in Newark. I was interested in a particular property, but I don't think its worth the cost of what they are selling it for aft...
Pavan Muralidhara
New to real estate investment
Hi Folks,
I've been an avid listener of the podcast and looking to getting into investment properties this year. As someone who is new to investment, I had a couple of questions to the community:- Which location do I...
Will Barnard
Take the Tax Hit or 1031?
I have a problem and would love to hear some opinions on this.
Here is the scenario: a $1.5M tax exposure (net profits on sale of property) and a lack of desire to pay Uncle S. and CA 50% of that ($750k).
So the ques...
Andrew Scott
Lease option - taxes and seller's risks
I've been trying to sell a house for a few months, and haven't had any luck yet. I'm offering owner financing, but nobody has any money for a downpayment. Last night, a prospective tenant/buyer offered me an entici...
Christopher McGuire
What type of financing is this called? Is it legal?
I'm not sure the technical words to do what I want to do but I'm hoping you guys can shed the light (as always).I want to sell some of my rentals through some kind of owner financing or a rent to own type deal.What is...
Gary Dezoysa
Is Section 8 in high demand pretty much everywhere?
Greetings, I come from Southern California where section 8 housing is in high demand. However, I plan on moving to a cheaper area of the country where $30,000 houses in working-class areas can be found.I'm not sure if...
Gene D.
hold or sell and reinvest
Hello everyone, thanks for taking the time to read this.I have a condo that currently can sell for ~ $700k, originally purchased for ~$500k, 30 yr fixed at 4.625, currently rented for $2,800. All other monthly expens...