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I have a wholesale deal offered to me. It is on a busy street - 4 lane with about 30 cars / minute passing. Comps are 155 / sf. I am estimating 5% less on my ARV due to busy street. The deal does not leave me much pro...
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Hello all,Looking for feedback from Hawaii vacation rental owners. I am looking to buy a VR on Kauai. The market seems easiest to enter in HI, and I personally like the island. Will plan on personal use of the rental ...
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I've never done a 1031 exchange before and have a couple basic questions. FYI I am closing on a property soon (I have a LLC) that I may try to immediately resell.
1. Do you need to have held the property for a certa...
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I have read in many different books/articles the Pro's of assigning real estate purchase agreements. It seems like a simple enough strategy for people to get started in real estate who may not have enough money for a...
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A building recently bought has a section 8 tenant.The girls boyfriend apparently is staying there and is not on the lease and another tenant has said there are dogs there.
We are in a transition phase of taking the a...
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I own a property in Austin that I want to sale pretty soon within the next two or three months, but I'm not sure how much I should ask for it. But first, let me run down some facts:
1) The house is in one of the TOP ...
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I would like to buy an LLC to obtain the 6 rental properties owned by said LLC. What should I look out for? What are the tax implications for both buyer and seller? Properties are in Prince George’s County Maryland
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Backstory: Have a SFR in my wife’s name which we recently refinanced and currently being rented. Trying to start a LLC but lawyer highly recommended I get consent from the mortgage lender about transferring deed to...
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After doing some research on real estate financing, I've come across inconsistent information regarding the longest hard money or private lenders will do loans for. Therefore my question is this, what are average y...
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Hi Team,
Some background: This year bought my first investment property(duplex) in Chicago suburbs. It all went well, its rented and cash-flowing now. The numbers are good and no concerns so far. Bought second proper...