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So I have a SFR I have been renting for 9 yrs with $100K equity in Florida. I am prepping to list it for sale next week. I am considering doing a 1031 exchange for two properties (1) a SFR ($230Kish) I will turn to ...
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hello, looking for experts opinion. We want to place an offer on a house that is priced about 50% below it’s market because it has mold in the basement. We didnt have time to bring a mold mitigation contractor to look...
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Hello,
I’m spanking new at this and I’m more interested in buying and holding. I’m looking into a 6 family in NJ that is on the market for 550k...the gross annual rents are $83,400...taxes are $14,489...insurance is...
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We are under contract on a new deal 3/1 for $115k and just had our inspections today. We knew it was a fixer upper that needed major work but the inspectors found more termite damage than anticipated and even evidence...
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To our Flippers out there:
I'm wondering about a few questions related to a CMA for a property you're interested in:
Would you always personally do a CMA or have your agent/broker do it?
How much time...
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Hi,
We are a family in Michigan looking for someone to do a short sale on our home. Our story is like hundreds of others…..we’ve had hard times and no way to pay the mortgage. We will be officially “forclosed” very s...
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I am new to wholesaling & starting my business, I fully intend to form a LLC for my real estate business which will include a rehab eventually. I know each deal will be different but until you have formed the LL...
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Just a quick hello as I look to start building relationships. I live in Cary, NC and have been a follower of this amazing brand for a while. I started listening to the podcasts a few years ago while training for a m...
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I'm not familiar with all the exchange guidelines. For example, if I were to sell a property and net $50,000 profit, could I elect to exchange $40K of the proceeds towards a new purchase, pay short-term cap gains on ...
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I'm viewing a 3BR property tomorrow (dirt cheap at $65k) which is being sold as just the house- the land will be leased. The land lease is set at $500 a month for the next 5 years and there is a 10% cap on any increas...