Enrique Garcia
Rental Property Dilemma
Hi, back in 2005 I bought my very first investment property, a 2 bed 2 bath 1000 sq ft condo that I completely renovated. Back then, I was a sophomore in college and this property served as my primary home. In 2007 on...
Ronald Cooperman
Reverse 1031 exchange
We are selling a property 2/1/21 for a 70,000 profit. We have under contract several purchases 12/31/20. Can we qualify for a reverse 1031 exchange? We are in New Jersey. What do we have to do?Thanks and merry Chri...
Amanda Belonger
Wisconsin Ave - My First Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $60,000
Cash invested: $70,000
Sale price: $197,000
1880 folk Victorian era home with ornate tin, 9' ceiling. I...
Stewart Beal
The Power of the Cash Our Refinance
Big Win Yesterday! The Power of the Cash Out Refinance. In 2005 I became friends with a fellow real estate investor in Ypsilanti, MI, I had purchased 4 properties to date, and was watching this friend closely. It w...
Victoria Somerville
Messages from other investors
I'm getting everyone's messages. I just don't know how to respond to them. Please don't think I'm ignoring your posts to me.
Jeffrey Vlk
Strategy to acquire properties
My plan is to find foreclosures/short sales selling for 80% of their vale, put 20% down, then when the time comes Cash out refi my 20% down payment and put it into another property and repeat. My question is can I use...
Denise Blansit
Should I rent and hold my current home when I move out of state?
Hello. I am seriously interested in real estate investment and believe I have an opportunity now to pursue it. I am planning a move out of state and am debating if I should sell my current home, or keep it as a rent...
Ryan Huddleston
Does this qualify for a 1031?
I bought a house a year ago then did a major rehab. I advertised it for rent and even showed it to a few potential renters but decided to sell it instead. Can I 1031 exchange it since it was never actually rented or...
Loretta Loretta
Good idea or bad idea?
Is renting out my condo and moving 2-3 miles from work a good or bad idea? I must get out for my mental health. I have the unit up for sale but so far no offers (this is roughly day 70 on the market.)1 bedroom/1 bat...
Aaron Ru
New Construction - Sell Purchase Rights?
Hi All:I tried to search for similar threads, but haven't come across anything so wanted to start a new thread to discuss.Situation:My wife and I put down a construction deposit of ~$50K for a new build in a small dev...