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We came across an unusual situation on a buying trip to Idaho recently. We got into contract on a 3/3 SFR. An old house built in 1900 with decent square footage (about 1400, although the tax records are vague). Asking...
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Hi everybody, I'm just getting into my first real estate venture and I could use a little guidance. Here is my situation:1. I'm 26 years old with a steady job as an accountant.2. I have a trusted real estate agent who...
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Trying to decide what to do with a rental property I have. A quick description of the property is SFR 3/2 - Cape Cod, 2 car garage, fenced in yardLoan 24yr @ 4.25%, balance = 150K, FMV 210KProperty rents for $1475,...
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I just did my first 1031 exchange selling a single family and buying a 4 plex. I did this outside my SDIRA (Self Directed IRA). It got me thinking about using the 1031 exchange within my SDIRA. Here's my thought proce...
I had my first minor emergency a short time ago-a plumbing leak that had water squirting out of a supply shutoff valve inside a unit. Happened during easy daytime hours on my day off work. Handled it. Cool. :)Then lit...
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Hello,I am new to real estate and am curious about obtaining a real estate license. My goals are primarily to invest in real estate, but have considered getting my real estate license in order to gain experience in th...
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Does a 1031 exchange require new debit or can the up leg be purchased with exchange money and supplemented with cash? If new debt is required, can a seller carry or private money be used?Thanks in advance for any insi...
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Is there a best approach when valuating a small multifamily property (2-4 units)? Seems a lot easier to valuate based on NOI and Cap Rate through a basic present value formula than to do a comp analysis...is there a r...
After watching many videos, driving for dollars, learning PropStream, gaining access to off market properties on the MLS, talking to local agents in my area, trying to figure out if Jerry Norton is actually a vaild so...
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I am a new real estate investor and working on getting my RE license in NC. Where should I hang the license, The big companies are not going to be negotiable on my commissions and will expect me to sale. I am really...