Hi! Currently about to close on a multi unit at 228K. Profits will be at around $100K. Would like some feedback/opinions on what strategy to go with next and pros and cons of 1031 exchange.PROS:we won't be paying th...
Curious if everyone can help me with a theory i was told today by a few friends (real estate investors) regarding buying brand new duplex over an older one that needs little renovation. Is it true new construction dup...
Hi, I have an upcoming unit that will be available. My current tenant is saying her son wants to rent one of my units to be closer with their kids. The current tenant says their son's credit score is really low becaus...
The Coronavirus Meltdown
The current Coronavirus crisis is having a critical impact on the Mortgage Industry, which could potentially make the 2008 financial crisis pale in comparison. The pressing issue centers ar...
The bill seeks to limit how a landlord can end a tenancy. Included in this is ownership change, in ther words, the tenancy can not be terminated when you sell your rental. This might be fine for multi units but for si...
Quick Summary: I bought my first condo to live in, and eventually rent. Read the R&R, everything looked fine. President of the HOA is making it sound like I need to get a permission slip for interior improvements,...
This question came up yesterday, and I thought other people might have the same concern. As a result, I am sharing it here. After a tax certificate sale in Alabama, the investor is entitled to possession and in some ...
This question came up yesterday, and I thought other people might have the same concern. As a result, I am sharing it here. After a tax certificate sale in Alabama, the investor is entitled to possession and in some ...
Tax reform is here and there is plenty of discussion going on about it. What is everyone's best strategy to capitalize on the tax rule changes as they relate to real estate?Mine is to invest in multi-family real estat...
Is it possible to act as your own GC for improvements performed on an Improvement Exchange?