My wife and I are ready to purchase our first multi-family, first investment property. I was driving by a triplex in a low income neighborhood for 95k and grosses $1400/month. After I scoped out the property, I came...
If you're only looking to buy one house, is there an issue with making several offers on different short sales and then when one is accepted by the bank backing out on the others (after the seller(s) accept, but befor...
Today's market is much different from the market we have seen in the past 3 years
Interest rates were at an all time low for too long. This gave many people the opportunity to buy in at historically low rates.
This...
I got a call the other day from a cost segregation firm. He estimates that I can use bonus depreciation to get effectively $900k of depreciation in the first year. This is due to taking advantage of bonus depreciati...
All of you that have actually worked in NYC and have gone through any "works anywhere" training program know that NYC is a very specialized market and things are just done differently here.I would like to know what yo...
So I have a very complex personal finance situation, one that's perhaps causing me more constraints than I'm fully aware of because of it's complexity and obligations. I feel totally ok with sharing some ballpark ...
Was anyone flipping houses back in 2008? I got caught mid-flip and my projected returns were cut in half when I finally sold.Fast forward to today, and flips made up more than 6% of home sales last year, according to...
In my market (Sacramento) and in a few outlying smaller markets, real estate has been pretty hot with prices climbing ever higher, approaching pre-crash levels. A few months ago I was noticing things cooling off a bit...
I have come across an opportunity to purchase a small self storage facility that on the surface looks to be a good deal. The problem I am running into is the owners are close to 70 (ready to retire, this is why it is ...