Cassidy Melhorn
North Knoxville Queen Anne circa 1899
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $90,000
Cash invested: $90,000
Sale price: $349,900
Beautiful Queen Anne circa 1899 purchased in Knoxville. Ove...
Jerry Wolf
Yikes! "Florida woman throws bucket of human feces on landlord.."
https://www.local10.com/news/local/2020/01/06/florida-woman-throws-bucket-of-human-feces-on-landlord-deputies-say/"A woman who threw a bucket of human feces at her landlord claims she meant to soak the victim in water...
Ruth Buckley
Depreciation recapture and CGT
Hi all,
Three tax questions hoping folks might have experience with 1. If we are selling a rental property that we lived in for the first three years, moved out, and then rented for the subsequent three years and we...
Grace Scott
LLC or S-Corp for setting up marketing website (not to hold properties)?
Hi folks, what are the opinions on setting up a separate LLC or an S-Corp for marketing purposes (e.g. to be put on our company website, communicate with brokers)? This entity would not hold property, other assets, or...
Gus Mardoni
How do you safeguard your investment money?
Costly factors when purchasing a property, especially a buy and hold, are unforeseen costs, especially those that could have been avoided. For example: roofing, sewer, boiler, furnace, fire safety, foundation stabili...
Raj Gandhi
Back-calculate Capital cost for cash-out refis
I'm trying to calculate purchase cap rate of my older rental(s) in order to evaluate a new possible deal (8%).All of my other rentals were purchased with cash, rehabbed and then cash-out refi. For capital cost, shoul...
Michael Stole
How do I know if a properties was previously sold through wholsaling?
Is that information available in the free public house sales record held by the county or is it available on MLS?
William Kwong
Waive Real Estate Agent Commission - Flipping
Hey BP,Had a question, which I have asked my Broker. (awaiting response...) But wanted to get your thoughts of the advantages of being an agent for flips from a "commission savings" standpoint.Assuming I can use my li...
Parker Harrison
To rent or sell?
I have recently been throwing the idea of renting my house out and purchasing another as a primary residence. I bought my house as a foreclosure at 118,000 and it was recently appraised for around 165,000. It is a fo...
Jude Welsh
Discovering Upper Court Judgements - general questions
Hi Everyone,I'm planning to attend a Sheriff's sale in NJ in September, and have selected four candidate properties. I've seen the properties and run title searches, and understand the open municipal obligations (tax...