Christopher Russell
Should I sell my condominium building?
I'll try to keep it short, bought a building in downtown Delray Beach Florida for $150K 2 years ago. Since then the city has expansion is going NUTS! The city was just rated most fun small city in America. It's a Sout...
Victor Thompson
A journey in raising Private Money?
Situation: 3 years ago, when we did our first fix n flip my partners and I supplied the down payment and seeing that we still had our corporate jobs we used bank financing to fund the rest of the deal and repair costs...
Robert Kohnfelder
Converting 3 BR into 5 BR: Pros vs. Cons?
Hey All,
My most recent purchase is a property that needed (needs) a lot of work. We are in the process of rehabbing the house in order to rent it out this summer, and then hope to refinance later this year in orde...
Robert Schwartz
About lease options - Rent to buy
Is lease optioning a good going business ? Can anybody tell me the average of such deals a lease optioner is accomplishing ?
Luiz Souza
Utilizing your kids for your Biz
For sure many here have teenagers (sons or daughters) that are probably helping you in one way or another.Could you share this info here? What do they do, how do you compensate them, what do you pay them, etc?Thank yo...
Fan Bi
Seller Still Occupying Property at Closing
Over the course of the past few months, my wife and I found, inspected and financed a triplex in the Providence, RI area. The final walk-through was scheduled for 9/9/16 at 9am, with the closing at 10am. When we arriv...
Damian Baynes
Solo 401k thoughts/ questions on strategy.
Greetings everyone!I’ll keep this one brief. Here is my situation. I started a small business which will not be my primary source of income anytime soon, however, I do have some funds from an old 401k that I would lik...
Alex Asen
Tax implications of building an addition & selling it as a condo?
I own a 2,000 sq ft single-family outside of Boston, which has been my wife's and my primary residence for 2+ years. I have ZBA approval to create a two-family by building a 2,000 sq ft addition mostly in my current...
Gaston Prevette
MLS still has some Diamonds in the ROUGH
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $260,000
Cash invested: $35,000
We found These 2 quads which happened to be on separate parcels on the MLS. ...
Jerome Joseph Gainer Jr
Should I put my rental properties under an LLC?
I own a property in Miami Beach that I rent out short term and a property in Austin that I rent out long term both with mortgages. In addition to those, I manage my Mother in Laws long term rental in San Antonio whic...