Patrick Philip
Am I missing something about the math behind investing?
I was just reading a news story about a large real estate firm that bought a building for $154,000,000 and that the building has a NOI of $10,100,000. So cap rate of 6.6%.I know that this firm most always buys with fi...
Hemender Devangan
Should I sell my investment house or not
Hello,I am in dilemma about my investment house whether I should keep it or sell it.I bought a house in Austin area in 2007 for $310k which includes down payment, closing cost. Lived in that house till end of 2008 the...
Bab Adetiba
Can property taxes be settled?
Under what event can the city settle taxes?For example, a lot was listed , I made the offer, contract executed, and right now I have it under contract for $7000 and the owner owes $5000 in taxes.. Currently the title ...
Stephanie Jacobson
Making an Offer Before a House Goes to Auction
Hello all!I'm in upstate New York, looking to purchase a property to rehab. We're working with an investor. I've spotted a property on the county tax auction website that I LOVE; it looks like it needs all the right t...
Ben Smith
In need of CPA First time filling taxes with rental income
I purchased my first property last year. It is a single family house with a mother in-law suite. I have been living in the mother in-law suite and renting out the main house. I have several questions about what I can...
Kathleen Amundsen
Should I invest in rental properties with my 401K?
Hello I have a 401k worth 250000 and I am retiring from company> Im 55 years old and want to buy some rental properties for my 2 kids to rent from me.. I need the income from the rental properties now and was cons...
Alex Bejenaru
Converting previous employer 401k to SDIRA or soloK
Hi Everyone,I currently have a 401k through my previous employer with about $65k and would like to put it to use in my house flipping business. Is it possible to self direct those funds towards my business in anyway? ...
Tommy Sowell
1031 exchange question
Question about the California Claw Back Rule:We 1031 exchanged California property for Hawaii property. If we 1031 exchanged tin Hawaii property for another one do we have to pay tax on the money deferred?
Seth Hillenmeyer
First Large Multifamily Deal 70 Units...Help!
I want to start this discussion by introducing myself as a new RE investor in the multifamily space. Its important you understand my background to know about this deal. In the last 3 months I have gone from 0 units t...
Nicholas Curcuru
Selling investments to cover VA loan assumption
I just moved back to the USA and want to buy a property. The property will be my personal residence (VA loan requirements) but it will be a house hack as well. I am planning on getting 2 roommates to cover almost, if ...