Russell Brazil
Russell Brazil's 15,000th Post
What a journey.
Getting to 5,000 posts I feel was quick. I hit that 6 years ago, while my first post was 8 years ago. and to 10,000 was pretty quick with that being 3-4 years ago. I guess it seems Im pumping out 5,0...
Stanley She
Deferred gain is MUCH less than recognized gain, why
I bought a rental property 7 years ago for $198000. Last year, I sold it for $400000. For the sake of simple discussion, let me ignore all purchasing and selling costs. So, my gain is 202000. Within one month of the s...
Mark Brogan
Mobile Home Heading Would Be Nice
a mobile home only heading we be nice since we are not interested in investing in mobile home parks or other commercial assets, what say you a,@Scott Trench
Tim Lyons
Do rentals in "bad neighborhoods" cash flow better?
In upstate NY $200,000 buys a clean turn-key two family house in a desirable area. I'm not sure what the units would rent for but likely at least $1,000/month each. That means unless a substantial amount is put down (...
Mike Sattem
Refinance in an LLC
I recently completed the rehab on a 4-plex I bought this spring using a commercial loan and am not looking to refinance into a traditional 30 year fixed note. However, every lender I have spoken to has told me they wi...
Kenneth Lim
Yield Return Vs R.O.I
We seen alot on the newspaper regarding some properties with high yield return but when we work it out, some of them shows negative cashflow.
[b]Yield Return = gross rental x 12mths / total amt of property
ROI = ca...
Sean Moore
Is it best to use personal savings or property equity?
Hello everyone,My husband and I are new to both BP and real estate investments. As we navigate the road to our first investment property we've come into a bit of a dilemma. We're unsure of the best way to finance our...
Andrew Briones
Advice needed on 1031 exchange
Hello and thanks for taking the time to read and putt in your input in advice in advance. Here is the situation, first off the rental property i will be using has about 125k in equity and cash flows around $610 a ...
Joe Calderon
New Agent in St. Petersburg Florida
Hello everyone,I've been on the forums for a couple months now and just recently(last week) passed my real estate exam here in Florida! First try also so I'm very proud, still deciding on my next steps and maybe where...
Steve Rozenberg
Disaster plan?
Do most people keep a disaster plan ready to go for any type of natural disasters? Earthquakes, Hurricanes, Tornados... ETC?? How to notify your residents and plan of actions of what to do?