Vaishal Patel
1.5 million appreciation on a 1 million house?Howwww??
So i was watching this tv show on hgtv called "My House Is Worth What"?,and this guy bought a house for about 1 million dollars,he did few renovations and improvements and its value appreciated to 2.5 million dollars....
Hal Cranmer
Valuing Property
I was wondering how investors are valuing property these days? I have a realtor send me listings of properties that I am looking to rehab, but I just don't have a great idea of what is a good deal or not - other than...
Deepak Malhotra
Fourplex in Georgetown, Texas, one of my worst deals
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $199,900
Sale price: $212,000
Fourplex north of Austin. It turned out to be a bit too far.
What ma...
Nicholas Stevenson
18 years old, 50k cash, what would you do?
Hello everyone, I posted on here a couple times a little over a year ago asking for some advice from many of you. I got lots of great feedback and support! most of it was to keep learning and studying real estate so w...
Robert Miller
Question on Tax Assessed Value
How accurate is the County assessed value on a property?
Where I am there are no comps to compare to,Is there a way to use the Assessed value and deduct a percentage to get an accurate number?Thanks in advance
Michael V.
Short Sale Question
Background:
One of the agents in my office just got a nice short sale listing. I plan to make an offer of 600k and market value is around 740k. I will get funding and the deal to close 31 days after I close the A-B...
Judy Parker
How to Aquire Abandoned Property
A vacant parcel of land in New Jersey has no living owners. The elderly owners passed away. They left the parcel to an elderly homeless man who passed away intestate. Technically there is now no owner of this property...
Julieanne Zenz
When to sell vs when to hold as a rental?
What parameters do you use when deciding if you should continue to hold a property as a rental in your portfolio vs if you should sell it? Here is my scenario and I would appreciate any insight/suggestions:I have a p...
Tony Cimino
Beginner investor looking to learn basic concepts of flipping
Good Morning,
My wife and I are looking to get into flipping. I took the college path, and never got into construction, but after talking to a realtor friend, he directed me to BP. I have been listening to multi...
Colin Williams
Capital Gains When Seller Financing
In this example, I'm wondering how Capital Gains affects the seller.
Let's say I sell a duplex for $1,360,000. The buyer pays $650,000 down and I finance the difference to the buyer. Will I be hit with gains against...