Brad Piper
Purchased my first buy and hold rental property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $260,127
Cash invested: $2,500
This is a house in a B+ neighborhood in super desirable area. It is an older propert...
Kristian Wheatley
What to look for when purchasing a condo
I've been searching for my first property and I decided to start with a condo in Chicago. I found a place that isn't perfect but has a lot of potential and is in an AMAZING location. When walking into the building I d...
Angie Oshea
Valuation for Depreciation - Property was purchased under value
I have purchased a property for $10,000 when in actuality the property is worth over $250,000. How do I figure out the land vs. building value for depreciation on my taxes? There is not assessment because the proper...
Gina LaRoche
Covered expenses to look at property to purchase
In 2020, I made several trips to another state to look at various properties. I even placed & won bids on 2 properties but once inspections were completed, I withdrew. I was able to purchase a hone in December &am...
Frank Brewer
Title and Survey - skipped in a purchase transaction
A broker I am working with asked if I would get Title and Survey in BRRRR properties that I would pay for with cash.
I said why yes, I will not buy without a survey and title work. I then asked if he has buyers who ...
Jackie P.
Current Hard Money Interest Rate for Lot Purchase
ReplyForward
What is the going interest rate for financing a lot in Pensacola? Buyer is building her homestead and paying cash. She has a builder and plans. She would put down 20% and I would finance the rest. ...
Anna Bee
Title transfer in order to purchase residential property
Hi,We paid off, but we would like to buy a new one as residential property. Is it possible to transfer title to minor (our child) in order to do that?
Anna Bee
Title transfer in order to purchase residential property
Hi,We paid off our home and we would like to purchase a new residential property. Is it possible to transfer title on minor (our child) in order to purchase residential prosperity instead of being classified as investor?
Gilbert Vigil
Selling Duplex without a realtor (Purchased using REC)
Hi everyone I am currently entertaining selling a Duplex I purchased in Albuquerque a few years back using owner financing. Currently paying down the note and was wondering how difficult it would be to list the proper...
Matthew Amabile
18 Unit Portfolio Purchase Analysis - Contract Being Written!
Hi all! I am looking at an 18 unit portfolio that an investor is looking to sell me. This is comprised of three 4 units and one 6 unit. These properties are all in a class C+ area by the beach and hotels in Atlanti...