Cynthia Baynham
Part-Time Agent
How to find a mentor for a new agent working part time in Real Estate?I believe online training is a must but what else?I've sat on my agent license for 2yrs - without any activity. Due to the overwhelming of no's tol...
Jackie Riley
Property transfer to LLC/ tax treatment
Hello –
I'm looking for confirmation of understanding/ advice relating to transferring property into LLC and treatment from a tax perspective
My parents completed a 1031 exchange over 2 years in their own names – t...
Rachel M.
Sell stocks for down payment or use heloc
Would you sell stocks for a down payment or use home equity to finance an investment property?
Background: I purchased my home for $325k. Put $185k down. Comps in my neighborhood are selling for around $430k at this ...
Benjamin Cowles
About to negotiate a seller finance potential deal. advice?
Going to meet up with seller to discuss potential deal with seller financing. something I've yet to do. I'm planning just to get a rough tentative idea of how we may come together the numbers for an initial proposal a...
Russ Roslewski
Deducting cost of repairs for new rental house
Help, I am a little confused.
We just moved out of town in November and rented our house out starting at the end of the month. So it will have been rented out for about 5 weeks of the year, with a total rental inco...
Cameron Fowler
House Flipping // Rehabbing Challenges
When looking into getting my first flip or rehab house there are all kinds of work that I am curious of and other people's experience. I would love to hear some stories or areas that were challenges for those who reha...
Account Closed
I have a few FSBO Questions
1. How does a FSBO handle an open house?
2. Besides the FSBO website, are there any other sites that can help educate me and provide me with needed documents?3. Can a FSBO place their house on MLS?
DCguy Makumbe
Info. to bring to lender
I bought a townhouse in 2011 and converted it into a 3 unit multifamily using personal credit. Based on quick comparison with similar properties in my neighborhood, the property is now worth about 850K, and I owe 590K...
Allen Lucas
What kind of contract is needed to sell property with a tenant?
I have a tenant who lives in my house who's lease is ending by the end of the month. I already discussed with her about a month to month lease term because I'm looking to sell the house. How should such a contract be ...
James Maher
Depreciation basis
I bought a house in 2011 and lived in it prior to moving out at the end of 2014. February of 2015 I began renting the house. I am trying to determine my cost basis for depreciation. I know that it will be the lesse...