I am looking for ways to finance a multi- $350,000 deal. I guess I will need 70,000 for a downpayment??? If any body can help me or make any suggestions it would helpful. If not I guess I will have to pass on this ...
I want to leave NY, and I am not sure what to do. On the thanksgiving vacation, I'm going to drive down to Florida, and look for a properties that I can live on one side and rent out the other. Hopefully is near the...
Investment Info:
Single-family residence buy & hold investment in Nellysford.
Purchase price: $240,000
Cash invested: $30,000
Sale price: $460,000
Purchased this home as our second home with ...
Hello, I’m new here but have 4 rental properties(6 units) my net worth is about $250,000. And I’m making about $500 a month after all expenses, while I am living in one of those 6 units(the unit I’m living in would re...
I have a couple that purchased a duplex in 2010: $265,000. Go zone depreciation was taken in 2010: 50% of property value. Probably land was about 10%, so the property about 238,500, thus 50% depreciation would be aro...
So, I'll be pocketing $122,000 from the sale of my tri-plex in California. Because I live in one I can take the tax exclusion for a personal property but the other two are going to be taxed. I have owned the property ...
Here is a scenario that I am looking at:
1bd + Loft, 1ba 800 sqft, condo in a 12 unit, 3 level building.
It is an REO, listed @ $61,900. Needs about $5200 in repairs. Comps come in at about the $75,000 to $90,000 r...
Duplex purchased in 2012, occupied one unit until 2015 and then rented out the other side. Moved in with my girlfriend in 2015 and the duplex became 100% rented. No new property was purchased. Considering selling the ...
Hi folks,
Has anyone formed a DST to hold real estate properties and also has a Living Trust to hold the rest of assets such as bank accounts etc?
If yes, how do the DST and Living Trust connect together? Does Livi...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $203,000
Cash invested: $203,000
We sold our Rochester investment in NY. Used a 1031 exchange to purchase this one...