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Hello BP!On Wednesday, we went to settlement and closed on our first deal! I wanted to go ahead and document our project with a diary thread from start to finish.A little background - this house was an REO home liste...
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Hi, All,Question- can you find another investor with a property similar to yours and do a quit claim deed to each other to restart the clock on depreciation/do an easy 1031 exchange for tax benefits?
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My wife and I want to get into real estate and wondering how we should go about it. Our current residents we still owe about $104,000, we have about $280,000 in equity. The value of the house is around $384,000. My in...
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My wife and I recently bought a large (3,000sf), unoccupied two family in northern Massachusetts. I'll round the numbers for the purpose of this discussion but basically we paid $440k for the property and have a plann...
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As many know, I moved from TX to FL to buy RE about 1 1/2 years ago. Bought a self storage facility before moving here. It has been great.
I was trying to buy foreclosures or reos on sfrs also. It has been a pain...
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Once you choose a real estate syndication deal, sign the PPM (private placement memorandum), and send in your funds, you have very little control over the performance of the asset. You’re truly a passive investor at t...
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As you may have known, interest rate went up a lot recently and that forced the majority of retail buyers out of the game. Therefore, flipping takes longer to sell or may need to go down in prices if on market too lon...
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So I'm a little bummed out tonight. I've been looking for a home to rehab and I found the perfect house for my first flip. LP is 39,900 (foreclosure) AVR= between 88k-100k. Only has cosmetic damage and i estimated abo...
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I'm itching to jump into my first real estate investment for rental property. One type of property that strikes me as a little unusual is something like:~800-1100 sq ft2-3 BR, 1-2 bathSmall lot, maybe a detached garag...
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We have a cash offer on our house and we have met all of the contingencies set forth in the contract. Now the buyers wants an appraisal for his "personal" use. We are very hesitant to let him do it, for prices have ...