Shawn Smith
Protecting my $ interest in an Owner carry flip?
I am trying to get creative with a recent off market deal that was sent my way and was wondering how I might secure my financial interest in a property which I would like the owner to carry the note until time of sale...
Dwayne Jones
New member - Memphis, Tennessee
Hello group!
My name is Dwayne and I am a general contractor, former realtor (licensed in retirement), and former (loan officer). I have built single family homes, rehabbed residential and commercial property, tenant...
Martin Z.
liability risk when doing for sale by owner
I might be selling my small property soon, i know how to market and sell property. I'm only concerned about post escrow closing liability. I understand brokers maintain some type of liability insurance for their sale...
Jason Barnett
GL structure for RE investors?
I'm trying to set up my accounting General Ledger (GL) for my rental company (I manage / operate a 4-unit apartment building). Could some other folks here give me some feedback and let me know how you set up your cha...
Andrew W.
Tax Question: Deduct Sales Tax on Roof?
I paid $15,500 total for a new roof on my SFR rental in 2016. In doing my 2016 taxes the invoice breaks out local and state sales tax (~ $1,500) on the roof. Can I segment it and include the tax portion on my SCH E ...
Tess Vismale
Can a 2nd mortgage foreclose if the 1st is current?
Hi,
Can a 2nd mortgage foreclose if the 1st is current? They are with the same servicer but different investors.
-Thnx.
Andrew O.
Roi calculations for notes.
I am missing an understanding or a step in the simple calculation of finding how much ROI I get for my cash with regards to notes.
This is my simple process, which seems to give me whack return figures.
Monthly paym...
Jovan Kitchen
Condo Purchase Opportunity; Hesitant on Purchasing
Hi, I currently live in Washington, DC in the Brookland; Fort Totten area. I currently live in a 8 unit commercial building that was built in 1942. My unit in particularly is only 381 sqft and has some updated featur...
Kurt Granroth
Determine Adjusted Basis and Sale Price from LP K-1 After Sale
Let's say I was an LP on an apartment complex that sold this year and while answering TurboTax's questionnaire, it asks for two very fundamental bits of information - the Adjusted Basis and Final Sale Price. As basi...
Greg Scully
Question For Syndicators
When projecting your returns to present to investors, do you use the NOI before or after Cap Ex reserves and asset management fees? Specifically the sales price.Thanks,