I bought a house a year ago then did a major rehab. I advertised it for rent and even showed it to a few potential renters but decided to sell it instead. Can I 1031 exchange it since it was never actually rented or...
Hi all!I have two loans associated with my business and I am wondering if I should take $20,000 to $30,000 and pay one of the loans down?Here are the loan detailsBoth loans have a balance of about $190,000 and they ar...
I'd like to get opinions on whether or not you would do a 1031 in this situation. I have a house I have owned for 2.5 years. It is currently under contract and I my estimated capital gain is $40k which will result i...
Ok, I am a newbie, but I am learning. I have chosen probate investing as one of the niches that I am pursuing. Currently, I am sending out 25 to 35 letters weekly for two counties. My letter states that I will purc...
I am thinking about putting in an offer today. I never used them before,does anyone know typically how much below asking they will take? I know it may depend on the situation, but let me know if you have any experi...
Hey all!I was hoping to get some feedback on a scenario on ran into with a client yesterday. The home had a boiler, all of the piping (asbestos) leading to the radiators was wrapped or jacketed in a protective jacket...
I have a house I intended to flip but had some setbacks forcing me to hold. I'm trying to decide to do lease option or Seller finance in a wrap:
Her's the situation:
Current Value: 175k
Invested: 135k (excluding accru...
Hello all,I'm a newby investor (1 deal completed!) trying to get my structure set up properly.I'm currently located in Ohio and would like to establish my LLC here. But I would like to wholesale properties in other st...
New Investor here, thank you in advance for your insight and patience.
I'm casually looking into a few different 4-plex's in the Houston area and several of them seem to have been a part of a large apartment complex ...
I would like some recommendations for online continuing education classes. I used RealEstateExpress.com for my pre licencing course (They were ok), now I need to take my post licence course. I know there are a lot of ...