William Petrisko
Property damaged by fire, are unused insurance proceeds taxable? Tax implications for keeping vs. selling property?
I have a fourplex that was damaged by fire, thankfully no one was hurt.
For ease of the example, let's assume the following numbers:
Property was purchased for $150k. Insurance check I will get is $80k.
...
Scott Choppin
Lifecycle of a CA Multi-Family Development Deal
Hi EveryoneAfter reading through many excellent posts, include the "Diary of a New Construction Project" by @J Scott and @Joshua Dorkin, I thought I might add our voice here on BP. I am proposing to track the entire l...
J Scott
Diary of a Rental Property
I had a blast writing my Diary of a New Construction Project thread, and the feedback I got from that was great. So, I've decided to try another one...this time tracking and discussing the ongoing saga of a renta...
Seth A
Help needed for my first apartment wholesaling deal
Hi I'm a newbie investor,
My business partners and I got a 100% occupied 30-unit apartment complex under contract in Nebraska for about $650,000. During negotiation, we were able to add value to the property, and now...
Joshua Parker
Starting Off in Real Estate
Greetings All,I am looking into investing in the re-estate market in Kansas City. I am looking building net-worth and generating passive income when I reach retirement. I am looking into creating an LLC. I am not qui...
Scott MacArthur
Rising Interest Rates and the Note Market
I'm curious if anyone on here was investing in notes in the late 70's, early 80's when the fed rate went from 5% up to 20% in the matter of a few years and how that impacted the note business. Even though the markets...
Nicholas Salvia
Super nervous dealing with mortgage brokers. HELP
So im not sure if this sounds stupid, but i found the property that id like to buy, got it under contract, now its time to get the mortgage. I DONT KNOW WHAT IM DOING. Iv contacted 2 different brokers, one is tellin...
Burt L.
What to Look For in a Strong Listing Agent/and Agreement For My Many Unused Investor/Agent Leads?
Caution - seven lonely paragraphs ahead..... In response to my marketing, I speak to many people who respond that would like to sell their properties, but who want top dollar despite their properties needing at least ...
William C.
The market downturn is here, at least in my market. Anyone else?
It's here. The shift is upon us. Whether a crash is to follow, I am not sure, but the rising tide that we have all been riding for the last 9 nears to reaching it's tipping point. I seriously have no more time to w...
David S.
When is enough enough? How many homes does one need!?
Perhaps I have an inner socialist I’m not aware of, but I have to ask the community, when is enough enough as it pertains to number of units owned?How often they ask on the podcasts “where are you going from here?” An...