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For years I have had a credit score over 800.Now that I am investing in real estate, it is plummeting. I can’t find any articles or advice on how to preserve my credit score while investing. To understand what is happ...
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How can I learn my market without access to real estate agents' CMAs?
Recent sales prices aren't listed with the tax office. I need to be able to estimate ARV, but without cmas or the ability to look up sales pric...
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Hi Guys,
I know people dont really pay attention to tax assessed value, it is the comps of the area that is important. But since the market is soft now - you can't really depend on the comps from 6 months ago. Peopl...
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Early this month, I made an offer to a house that is bank-owned. They countered asking to close on March 3 with penalty if delayed. Up to now, both listing and my agent never heard of anything from the lender. We h...
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Bp,I currently have an investment property that I am looking to sell due to a major life event. The home is currently worth about $135k and we have a mortgage on the home with a balance of $90k. The current tenants ha...
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I just went through two 1031 exchanges this past year and now Upon finalizing my taxes my CPA is telling me I owe capital gains because my loans on the newly purchased properties are less than the loans I had on the p...
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Hey guys,I'm still in the studying and research phase of learning real estate and right now and I'm kind of stuck on the business entities side of things. I have read several things that suggest treating your investme...
Hi Guys, I live in WV and it is not a hot market. Median income is ~$30k and population is 50k in my area. Houses aren't selling here, yet there are lots of them for sale. Rental market is high, HUD rental assistan...
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Hello All and thanks for the help in advance!. I'm looking to buy my first rental property in Jacksonville NC (outside of Camp Lejeune, a Marine Corps Base). I have a cash offer in on a 10 year old, 1069 sq Foot, 3/3...
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Hello group. I'm trying to make a decision here and would like some feedback. I just found out last week my tenant-buyers are moving out. They are getting a divorce, and even after I offered ways to get at one of t...