Matthew Drouin
$198k cleared on sale of long term hold (no money into the deal), what I learned...
I know this check says $176k but I held $25k in escrow, paid $10,800 to the buyers agent, and had a $8k in a holdback that was released after I fixed a furnace at the property.This was a duplex that I bought in 2017 f...
Christian Thompson
Roll1031 Rental into my Former Primary Residence that I now rent?
Scenario:Sell a rental I've held for many years in an LLC. Net $250K1031 the $250K into my former primary residence which has been a rental for the past year, but lived in 2 of the past 5 as my primary res. I hold t...
John Johnson
CAP rate
I have been looking and reading some posts on here and still don't understand what CAP rate is. Can someone please break this down to me in very simple terms
Adam Joachim
How to tap into equity
Hey guys, I’ve got a strategy question.
I have a property with roughly 100k in equity that cash flows $600 per month. How would you suggest I tap into that? Sell, refi, heloc?
What moves would you make in my posit...
Ryan Rubel
Noobie Number Questions
1. If I want to purchase a house for $100k as an investment property to be rented out, and I have the cash to buy it outright, is it not the best idea to purchase it outright? My other option is to put 20% down and g...
Spencer Wardwell
Building from scratch in Los Angeles
Hi all!I'm looking to get some advice on my next real estate endeavor in Los Angeles.My current goal is to not only make a wise investment, but I'd also like to upgrade my current living situation (I currently live in...
Douglas Abbott
Selling strategy for a Denver SF rental
New to the forum here and thought I would put my situation out for critical feedback to the population. I have a question about how to handle a current rental property I own in Denver. I am trying to decide one of two...
Marina OLeary
How to Vet a hard money lender when investing my money
I am interested in investing with a hard money lending firm, as in investing my own money to fund deals through them. What steps should I take to vet this lending firm?I've spoken with them, seen examples of previous ...
David Lind
Seller Finance Deal in Minneapolis
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $260,000
Cash invested: $15,000
Deal was brought to me as a seller finance deal. 6 Bed 2 Bath in the Jordan neighbo...
Account Closed
Questions on Real Estate Tax Strategy or Investing
As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...