Ted R.
High-rise condo depreciation: how much land value tot exclude
Great forum discussions here.... I read several relevant threads but my question focuses on how to split between land and building value in a high rise condo for depreciation purposes.
I purchased the condo 10 years ...
Kim Hopkins
1031 Exchange What is Your Down Payment After Profit Called
This is a confusing question. Let's say I put down $100,000 into a property which I then sell a few years later for $150,000. Now let's say I 1031 that into a new property with a total down payment of $225,000. If I'm...
Rich Spaulding
What defines an investor friendly real estate agent?
What is the definition of an "investor friendly" real estate agent to you? As a real estate agent, investors like to ask me if I'm "investor friendly". I'm curious, what does "investor friendly" mean to you? What d...
Will Barnard
Another New Construction Success Story
From close of escrow (COE) at purchase to COE at sale, it was 11 months to complete this project. I expected it to be no more than 9 however, I experienced a major delay in getting my custom windows (loss of 6 weeks) ...
Shannon X.
Pretty broad question
I have been reading a lot and just get way into my readings and I just needed a break from reading for a bit as it's kinda interfering with my school studies :) Anyway, my question is "Is their a lot of money to be ma...
Doug Pape
Establishing percentage of 1031 exchange in multi family property
We are exchanging into a multi family property that has a main house with a small cottage in the back. We plan to occupy the cottage and have a value calculated off of the appraisal comps. Can I use that value as a ...
Orion Walker
The Age Old $100k Best Strategy Question, with my particulars
Hi Folks,My girlfriend is moving out of her house and selling it. She expects to get about $100k from her portion of the sale. What's the best strategy to use those funds to build our RE holdings/business?I know this ...
Simon Li
Setting up a Partnership Agreement - Fair clause for buy-out?
BackgroundMy Real Estate Partner and I are looking to set up a partnership agreement for our first ever Real Estate investments. Biggest advice we've received is to have a fair Dissolution of Partnership / Partner Buy...
Shana Smith
Wholesaling
I am new to wholesaling and i am trying to find cash buyers. What is the best way to get business?
Michael Rinaldi
Buying out family member of paid off house
Hello all, 1st time posting. Learning as much as I can as quickly as possible to get started in REI, but I have a family scenario / question for all the experts out there. My mother inherited 1/4 of a paid off lake ho...