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I need to find losses for this year to offset some gains. I have a house that I don't care for, and my basis is $48k. I am already will to let it go for $40k, but its hard to find a buyer in this neighborhood.
Ar...
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So last November (2019) I hired a property management company. tenants were moving out December 31rst. By March of 2020 it still wasn't rented. So I cancelled. we had no signed contract. Just a verbal agreement that s...
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Would you invest 5m in a Multifamily portfolio acquisition that offers 4% annually with the chance to increase to %6, an interest of 15 - 25%, and a 40% return?
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I am really stressed out right now. We have a 4plex under contract and it is a great deal and cashflows well. Our lender had said we could put 20% down but is now saying he needs 25% down (no reason as far as the deal...
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Hello BP FamIm working on a new deal campaign on Craig's list ITTT. I was wondering do you send an offer contract to the owner in the mail. Or do you just send a letter and wait for the responds by phone. Then ask fo...
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I think I might have found a deal. Asking price is $159,900 on a 4 unit. I need to come up with 20% down which is $32,000. I do not have $32,000 so I am asking for ideas from any body else who was in a similar situati...
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Hi - I'm interested in converting a portion of my 457(b) - about $80k - into a self-directed IRA, obviously for purposes of RE investing.After that, it seems logical to form a LLC around those funds.A couple questions...
Hello friends,I have been accepted in the Josh Cantwells immersion workshop.Hands on experience and coaching. I have read some of the posts on this siteand it seems the views are mixed but not definitive. Can anyone a...
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Has anyone purchases Jerry Norton's Note Flipper program? The cost is $1,000 and I don't want to join only to find I need a huge direct mail budget to reach note holders. It is advertised as having a platform that y...
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Hello all! I purchased my second investment property (a duplex) almost a year ago (November 2019) in Allentown PA. I'll just get right to the numbers.Purchase price: $140,000Cash to Close: $43,000Initial repairs: $6,8...