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Hello. I'm a longtime lurker and brand new, accidental landlord through an inheritance. I have a quick question I was hoping some more experienced landlords might be able to advise me on.If it is discovered that tena...
I currently own a property in an LLC and a separate rental in my own name. I am planning on selling the property i own with my LLC and doing a 1031 to purchase another property. However, I was wondering if when I buy ...
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I’ve been in Subto for 18 months. Pace has been an amazing mentor and friend! He as been exemplified of what a REAL Go-giver is!I’ve had the opportunity to spend hours on zoom calls and in-person. The community has be...
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I have a piece of land in another country that I paid $20,000 for in 1989, its currently worth give or take $300k based on other comps in the area. If I was to sell it and net lets say $275k. What would I owe in taxes...
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My main strategy is to focus on fix-n-flips but I found a great deal on a property that would not be a good flip for a newbie like myself (over $70,000 of renovation cost and some foundation issues). I found the prope...
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I am trying to find answers, but they are hard to come by.
Let's imagine the following scenario:
I come across a person who wants to sell his retail store. Let's say he sells widgets.
So, my SD-Roth IRA buys the L...
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Ok, so I want to offer to buy from tired landlords. First off, I've heard advice to offer to least option from them. Is this the best strategy or should I simply ask if they are interested in selling and make a term...
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Hi,
I've known about this for some time but wasn't very open to it in the past. Much more open to it now.
I was approached by someone that has develop his own "Australian bank" program. In a nut shell: you use fund...
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A few months back I posted a question about renovation loan options. We needed a renovation loan but weren't eligible for 203K because we currently have an FHA loan. Big thanks to @Mike Martin Who suggested we look in...
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What do you all think about buying self storage buildings? There would be no tenants complainig about leaky anything and i imagine eviction is simply cutting off the lock and disposing of their stuff. The only down si...