I relative of mine has been having financial difficulties since the fall of the Lehmen Brothers and AIG and has a property that hasn't been paid off. The bank foreclosed and auctioned the property away for $130,000.00...
Investment Info:
Large multi-family (5+ units) buy & hold investment in Omaha.
Purchase price: $1,300,000
Cash invested: $250,000
My first ever 1031 exchange completion was a result of selling tw...
Hello all,Just joined this forum in search of an answer to some things I've been trying to figure out; hope that I might be able to find some answers here.Myself and three partners are currently exploring setting up a...
Hey folks,Case Study: a distressed waterfront property that has an unusual ground water situation. Here's some context.The property is on a steep grade sloping away from the road. The property itself is relatively c...
Hi Everyone, l would like to know, if its possible to use pre tax money from my business to acquire real estate? As l've spoken with few investors about the subject and l have been getting different answers. Thank yo...
The value of bitcoin has skyrocketed, has anyone here cashed out yet for REI purposes? It seems ironic to use a highly volatile currency to fund a sometimes volatile industry. As real estate investors, do you find the...
Hello,I purchased a STR that was built in 1966 and has cast iron pipes on a crawl space. The tenant moved in and said the water was backing up. I had the line checked / hydro jetted and inside the crawl the pipes look...
Hello all,I'm in need your advice on how to handle the situation i am currently in.A year ago we purchased a second home in FL and rented it out right away. To be honest, we were thinking of at least partially spendin...
As someone with a full-time job and W2 income in a very high tax state I have been looking at ways to maximize my tax deductions. As part of this strategy it was suggested I look into land conservation easements. Howe...
My rental house is a 3-story townhouse covered by carpet and vinyl sheets. I have hired a contractor to upgrade the entire house to LVPs. However, for the stairs, I am having a hard time deciding between LVP and carpe...