Does anyone have insight to the rental trends in Hobbs, New Mexico? Or possibly Carlsbad, New Mexico / Midland, Texas / Odessa, Texas?Given the weakness of the Permian, I would expect to see rents decreasing and vaca...
I usually do my moms taxes through turbo tax each year which is a simple w-2. Last year my mom bought a condo in North Jersey. She brought up something about her getting some kind of credits for first year. Does anyon...
Investment Info:
Retail buy & hold investment.
Purchase price: $60,000
Cash invested: $12,000
Sale price: $60,000
Former Chocolatier's facility.
Plan to renovate & turn into multi space...
Purchase Money AnnuityAsk the seller to take back an annuity for all or part of the purchase price. The annuity lowers their tax burden by spreading the gain over years, and they will earn more money over the long ru...
If a child is buying a rental property owned by their parent for cash, what would be considered fair market value? And how long would they have to wait to refinance after the cash transaction took place? Thanks
Meet some like minded people trying to improve their lots using real estate. Have some ice cold beers (or your beverage of choice) and talk real estate deal, strategy, network, and everything in between. I am propos...
Can someone help me understand the hard money lender process.
Theoretically say I found a house for 100k.
Lender pays for house + closing + rehab = 125k
So to keep the math easy I now have borrowed 125k f...
The owner is in a nursing home suffering from Alzheimers. Can I try to buy direct from the lender if the owner is incapacitated?
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I was hoping to develop a solid business plan before approaching any banks/hard lenders. To start we plan on flipping homes before we start investing in any other forms of real estate. Naturally, my first thought was ...