I live in a market with typical cap rates < 3%. Given current 6% plus interest rates and need to secure financing on any property I would purchase, how is it possible to make money? In the case I've described, the ...
Hi all,I'm selling a condo in Miami, FL and reinvesting the proceeds in several properties in Houston, TX. I'm doing a 1031 exchange so I'm time bounded on the identification of the replacement properties (45 days). I...
Some of you may have read our post last year, but in short our first rental property was victim to a fire - So we tore it down and built ourselves an awesome, waterfront home to be used as our primary residence. Took...
Hello!
I just purchased a property and after closing the title company said they removed the rents for the upcoming month of November (Closed on Nov. 5) at the seller's request. The seller, whom I know, said their 10...
I’ve been binge listening to the podcast for about a month, almost have heard all episodes by now but I am still figuring out how to start my journey. Sorry if this question has been asked, I looked all over the foru...
Hey Everyone! I am finishing up my first BRRRR project right now and wanted to share some of my project with everyone. I purchased my first property in January of this year from a wholesaler for 72,000 (private loan f...
I am in the middle of a Live-in flip (purchased in October of 2019).My original plan was to wait 2 years to avoid capital gains taxes. I am just worried that we are in a bubble and I want to capitalize before it pops...
Hi,I am Dylan, I manage an extensive REO portfolio with assets located in 27 states. I am located in Baton Rouge LA. After seeing the investors I work for make profits on liquidation of their assets I started to explo...
I am thinking of purchasing a duplex as a vacation home in another state. First, can I do this? Second, can I rent out one half full time and Air BnB the other half when I'm not using it? Also, is this type f property...
For those that own rental property, do you use an accountant or a computer program like Turbo Tax to do your taxes?