Hello! I am close to putting a gas station / convenience store / liquor store under contract. $8M asking price, $3M to business, $5M to the real estate. The sellers are requesting what I consider an unusually short...
I'm a remote landlord this time. Yesterday, tenant found listing on furnished finder and made specific requests and they were hoping to get in that day, so I told them they could deposit cash in my bank and I would em...
Subject is supposed to end with "starts" have a personal issue to deal with the next morning so trying to look at options.I could leave the try's in a shed and tell them where they are tomorrow. Or maybe install a l...
I've had the same realtor for a long time. A friendship has developed over time. We recently looked at a triplex that had been on the market for 600 plus days. It was in decent shape with long time tenants in each ...
End of November, I withdrew money from my IRA to fund a real estate transaction. I was informed that I can withdraw funds from my IRA once per year and not be taxed/penalized as long as it gets back into the IRA wit...
What is the typical turnaround and return you want when you invest into a property lets say a flip. I know its dependant on the condition but generally speaking. I would just be investing money not helping with the pr...
Tenant informed me of a maintenance request 1 week and 1 day go and the issue still hasn't been resolved. It has been a challenge getting someone out to the property; hasn't been from a lack of trying. Now someone say...
Not sure if this is the right place to post this, but here goes.My SO and I rarely talk about money. It has not come up because I do not want to let on that I have a portfolio of assets, mainly because I do not like t...
I have a client who wants to 1031 his properties. I have a couple questions for yall
1. If he has 4 rentals, can he 1031 all 4 rentals into 1 property?
2. Do the properties have to be just listed for the 45 day pe...
Background: I'm 20 years old, going into my sophomore year in college in Detroit. I have a house hack that is cash flowing well and I feel that I am ready to make another move. Problem: Limited capitalI have two frien...