I have two scenarios I’d love some advice on. 1. I have a home I purchased 14 months ago for 475k. Someone made an offer I could not refuse for $725k. I owe 225k on the property. We close in 17 days. I was curious i...
Hi BPers,I have recently tried to refinance one of my properties to get some cash out (property increased in value since I bought it a few years back).Problem is that since I already have 5 mortgages it seems that doi...
Many likely have concerns about the impact of upcoming STRO (Short Term Residential Occupancy) Ordinance in San Diego and how it will affect rents/values. I work on a team with the Managing Brokers at Class Realty G...
We’ve all had the solar people come knocking at one point or another. Is the knocking all a scam or is getting solar panels on your home 1) Worth the effort 2) cost me anything 3)how will this effect my home value. Th...
Hello All, I have been reading up a lot on Passive Losses lately as we have been looking at some larger properties and considering using Cost Segregation along with that. These purchases would be through LLCs that var...
DW and I inherited a house in New York City a few years ago under a Trust to which we are both the executors on. Since the house has no loans/lines we are considering using it as a stepping stone to start investing i...
Hello!
I'm getting into real estate investing in Jacksonville, Florida.
Bought our first house with my husband in 2010, and got hooked! I've spent the past four years combing the mls listings, and really learning ab...
Have a question regarding valuing property held in my 401k plan. In speaking to my 3rd party administrator regarding converting some of my 401k to the Roth election and paying the taxes they said I would need to get...
Recently I've been fortunate to realize some significant gains in crypto currency. My strategy has always been to move gains from these more speculative assets into real estate once I hit certain targets. After debt p...
Investment Info:
Other buy & hold investment.
Purchase price: $3,000,000
Cash invested: $34,000
Bought 300 unit self storage facility for 3 million. Down payment was $34,000 and equity from anoth...