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Hello! I am brand new to real estate investing and am chomping at the bit to get my first deal under contract!
I have found an abandoned house right in my neighborhood and trying to figure out how to go ab...
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Hello everyone, fIrst time Investor question. I’m in central Texas, have a free sIngle wide, an owner financeable lot for 15,000 total, and am closing the deal soon. Once I get the utilities hooked up, ready to go and...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Lillington.
Purchase price: $178,000
Cash invested: $781
Contributors:
Daniel Kidd,
Chalie Krautkramer,
...
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I thought there was already a thread about funny/humorous real estate definitions here on BP, but unless Steve can find the link, I'm guessing I read something similar elsewhere.
So let's start one here. I'll kick i...
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If one were to make the amortization period for a seller carried loan something like 99 years with a 30-year balloon instead of making the interest payment below "market" would this be subject to imputed tax by the IR...
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One of my Real Estate agents showed me an REO today. I checked the comps in the neighborhood within a half mile since January and they average $405,000. The bank is asking $371,500. They have it listed "as-is" but the...
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An elderly couple with a profoundly disabled adult son and adult daughter )care-giver) are being harassed by the next door tenant. They've owned the home for nearly 20 years and don't have trouble with any other ne...
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For of all thank you all for this great site that has made me so aware of the importance of doing things correctly. I particular I have (based upon the advice and input of others) created a Screening Criteria with sco...
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Asking for a friend.
Rental property bought as husband-wife. Title: held together as a married couple. Now going through a divorce, wife wishes to do 1031 on her share (50-50). Since IRS rule is that tax id of proper...
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Have 3 properties including personal house in California, adding a
cash purchase of a 8-plex in Youngstown, Ohio in a month. Since I
already have a small side business for 6 years, I was thinking it would
be a ...