We purchased vacant land in the 1970's for $70,000. Sold it in 2018 for $720,000 and 1031 exchanged for 3 condos now used as rentals.Since the sold property was vacant and never depreciated - what is the cost basis a...
I am preparing to list my first rental in a new area and am giving some thought to how I might approach fleshing out the lease agreement itself. I’m wondering if anyone has any feedback.How did you write and prepare y...
Hi everyone. I am a first time investor looking at using the FHA loan to buy a multifamily unit. I think I found a potential unit however this property comes with two houses on one parcel of land listed at 269k. The m...
I am in the process of choosing my first real estate investment location. I am interested in the BRRRR strategy. I know the data points that I want to gather, but I am having a hard time finding the actual data. I've ...
Hi all, I own a three bedroom unit and rent out two of the bedrooms to separate tenants. One of the tenants has requested that his girlfriend move in with us for the last ~3 months of the lease since her lease will be...
I have heard from grant cardone to buy multi family as they are good investment, thus I am asking will the book titled big money small apartments by lance edwards be beneficial if I read it and will it teach me a lot ...
Hi, my name is Tyler Marudas and I am from Nashville, Tennessee. I am 24 years old and have lived in Nashville my entire life. I graduated from Middle Tennessee State University in 2016. I am currently a Business D...
Hey all,I'm about to start making offers on a few places in Indianapolis and wanted to see if any of you are using, or know of a good property management service? Any tips or advice for us out-of-staters would also b...
Hey everyone, just wanted to say Hi. I'm James, I'm a trial lawyer in Dallas/Fort Worth, but I've always intended to get into real estate investing as my long-term strategy. It took a little convincing, but I got my...
Hi BP,I just received my real estate license and am researching which broker to work with. Does anyone have any suggestions?Thanks,Chris