We converted a personal residence into a rental seven years ago, our last tenant trashed it, we rehabbed it (repairs, paint, carpet) for about $8k but failed to sell it at an acceptable price. At the time we did the ...
Hi,
I'm in the process of buying a 3-family and converting it to condos in Cambridge, MA.
I bought the place for 655k. Lets say i sell each unit for 330k and incur 120k in lawyer fees, closing costs, renovations, ...
I'm trying to make sure I understand the particulars about assigning the contract and what costs etc I may incur so I can decide if an opportunity is viable or not.
Hi,
I just recently created an LLC for providing referee services. In the past, I was just doing it as an independent contractor, but now have decided to create a business out of it. As an independent contractor, I ...
So I am looking to get into real estate using the quad/ owner occupied method. http://www.coldwellbankeratlanta.com/property/details/2156583/MLS-7375131/393-Stone-Mountain-St-Lawrenceville-GA-30046.aspx Here is a lis...
To all the Canadian investors out there, has anyone come up with a creative and LEGAL solution to claim back the HST ITC's on expenses for residential real estate?
I've been a landlord for 7+ years and own over 120 p...
I have never done a ‘subject to’ mortgage but am considering doing one for the first time. I have a couple of questions:1) Is it wise for the borrower to contact the lending institution and change the address and addr...
Hello all, I have a sfr rental owned in a passthrough... looking to pull equity to buy more. With tax changes, am I better off with a rez HELOC, or just taking out a mortgage and letting tenants pay it off, and why?Ty!
Hi there. I have a commercial property that's 1020sq/ft. I just signed on new tenants for three years, who have moved in. They will pay $36per sq/ft for the first year. Then $37.26 the second, $38.56 the third, with a...
One of the biggest hurdles I faced as a new investor was the initial overhead costs of creating a legal entity through which to protect myself, as well as the desire to add a sense of legitimacy to my presence. Whi...