If two people are on title of a free and clear house. After rehab and refinancing and closing the house is titled into one of the two people at the refinancing. There’s no capital gain shown due to it being a cash ou...
I'm taking my real estate course to get my license. And we we're spoke about promissory note. My professor summed up what it meant, and I didn't get the chance to have him clarify what it means exactly. Maybe a exampl...
How would one estimate what the new value of a renovated / new house after it has been flipped, or torn down and rebuilt?Let's say you buy a 1500 sq ft home on a big half acre lot in a desirable area, tear it down, an...
I am in the process of buying an 8 unit apartment building. In the Commercial Disclosure, the seller has indicated that one of the tenants has been late on rent several times in the past year and has been "asked" to l...
I am interested in people's thoughts on realistic expectations for turnkey SFHs across different markets, as I am just getting started and trying to calibrate expectations. I have evaluated a few dozen properties...
I'm a first-time homebuyer and recently purchased a multifamily property in Canton, MA for close to $900K. The property, built in 1875, has two units, each approximately 1200 sqft. I have been living and renting the o...
Hello everyone! I'm from Mesa, Arizona. I recently returned from an LDS mission in Seattle Washington. I'm almost 21 and will be starting college this fall. I've been learning quite a bit about real estate these last ...
The SW Florida market is HOT! Not only are properties selling, but rentals are few and far between. Everybody including their dead uncle is now a RE investor. Competing with smart money is one thing but you can't comp...
Hey! My name is Jay, and I live about an hour north of Seattle. I am entering the real estate investing market, looking to work hard and drive great results. My background is in retail management. Recently, I have...
With interest rates so low I am debating about re-fi'ing our home mortgage and buying some investment properties with the money. For simplicity let's just say the home mortgage is paid off. Let's say house is worth $...