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Hello, Our CPA told us today that:
- Based on a selling price of $215,000, I am calculating a gain on the sale of the property of about $127,500. This amount of gain creates approximately $24,500 of additional feder...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $381,450
Cash invested: $94,000
We owned 2 properties on this block already and another one came onto the ma...
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I’m selling my commercial property. I’m closing my business and no longer need the property. Currently have over 80% in equity. I’m not a real estate investor by any means so this is a first for me besides the home I ...
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Hello, I own 6 acres of vacant cleared land in Southwest, GA. I wanted to get some recommendations or advice as to how I could potentially partner with a developer that may specialized in rural development. The land i...
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Originally I was considering starting with a few single family purchases. I'm wondering now if I might be better off doing a multi-family deal first. I know the cashflow can be a bit less overall, and tenant problems ...
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Earlier today @Scott Autenreith a sales agent on my real estate sales team in Tucson, Az. was interviewed by the CEO of Keller Williams Southern Arizona regarding his massive success during his first 6 months as a lic...
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I've identified a distressed seller of a multi-family, but I can't quite scrape up the 25% to get the commercial loan. The seller owns the building in the name of XYZ LLC, and doesn't own any other properties.I was c...
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It's been a while since i posted anything. I'm currently the owner of a couple long term and a couple short term rentals. My second long term was just purchased via a 1031 exchange after selling our third short term...
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Okay, So this may be a silly question, but I have found myself in a conundrum. I recently sold two properties using the 1031 exchange, but didn't think this fully through. So my plan was to use the equity to buy (f...
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I am a Ft realtor working in South San Francisco Bay for over 10+ years. After doing property management, remodeling and raise a family in 2005 I went FT as an extension what I enjoyed doing which is helping others s...