Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $679,000
Cash invested: $170,000
3 units fully occupied with long term tenants
What made you intere...
Hello,When you sell a house that was purchased as part of a 1031 exchange you are obliged to pay the capital gains tax.Is this taken out through escrow or is it paid as part of your taxes the following April?Thank you...
Tax experts, please provide replies. Don't worry I won't sue you, I am still going to go to an accountant of course. Just want to be prepared with a list of questions.
Commercial property is possibly being sold for 1...
Have a challenging multifamily deal under contract in Los angles- Owner is selling the property way under market because of a pending arbitration decision in the next few weeks. Currently they are on title, but attorn...
Hello BP, we’ve been buying SFRP and now getting into MF or NNN commercial deals. Looking for like minded individuals.Thank you!
Merry Christmas to all my self storage-coholics out there! Was writing out my goals for 2021 and my main one is to purchase my first storage deal. What are everybody’s self storage goals for 2021?
Hello, I was wondering is it okay to buy properties that are already occupied? I heard people go through a lot of problems when they buy occupied properties because sometimes the seller wants to sell the property beca...
My family and I are finally making a move we have talked about for years and leaving NYC for Las Vegas next month. I have spent the last year learnings as much as I can (books, videos, message boards) and my goal is ...
Hello Friends,My Name is Derrick Hinton and I am a new multifamily real estate investor from Los Angeles, CA. I have been educating myself with real estate investing for about 7 year but now i have the time and capita...
I have been reading and absorbing as much as I can over the past month and would really like to get out and see what actually goes on in some deals. I live in the Denver area and would love to get out there with a who...