Yesterday a somebody told me that he could have bought an apartment building in my city during the lockdown with almost 30% discount because the buyer needed liquidity urgently. This rose up a question in my head. I t...
Hello - I'm a newbie when it comes to real estate development but wanting to learn. Have an interesting opportunity that i'd apprecaite input/views on. Lot is in a suburb, south of Seattle.Combined site for sale is ~3...
I bought a building with a partner several years ago. But the building and loan were both under my name. My partner was not on any official record. Recently we sold the building. I'm just wondering how to handle the c...
Hello,
I'm assisting my clients (friends) purchase their first home. I would like to give them a portion of my commission to help them out. I know I will need to contact my attorney and accountant but was wo...
I need perspective on which route is better from the vantage point of 1) tax liability and 2) maintaining long-term value in the Estate. A close family member is aging and wants to get rid of their office buildings, v...
I consider myself a real estate professional, I put well over 750 hours per year buying, selling, maintaining and managing my own real estate as well as real estate for others.
That being said, does a real estate los...
My neighbors are going through bankruptcy, I think its chapter 13. They have a couple of rental properties that are included in the bankruptcy. They are upside down and will result in an eventual shortsale. What hap...
Hopefully someone more experienced can help me wrap my head around this.
Unless it makes a difference, my widget in this example will be a stick-built SFR.
Purchase price $10000
Repairs $5000
ARV $25000
10% down $25...
So I just purchased my first deal. A friend and I went in on it together. As it is my first deal we will be doing a portion of the work ourselves. As far as costs go we are splitting everything 50/50 both monetarily a...
Lately, this seems to be a frequent topic, as certain gurus teach people to request 0% owner financing from sellers, and a number of investors brag about having done so. The benefits to the investor are obvious. The b...