Do you think that the Democratic control of Congress and Barack Obama will help the housing crisis?
In talking with a close friend of mine about my personal real estate investments in 2018 he informed me that he and his wife are seriously considering investing in real estate as opposed to funding a 529 plan for thei...
I understand the math to the 70% rule in house flipping. (Conservative Market value after repairs X.70 - repairs). What I don't understand is where this 30% magically disappears to. I know that there will be closing c...
Hello Everyone,I have a friend selling his primary residence a little sooner than anticipated and wondered if anyone had come across capital gain tax issues in the past. Here are the facts:- Closing date for current ...
Hello everyone, I have a capital gains tax question. I purchased and flipped a house April 2014 and sold it in September for a profit. I turned around and bought another house in December and sold it in January 2015. ...
Hi all -- I'm trying to build out some kind of cash flow projection formula for analyzing properties. I'm looking in Grand Rapids/Holland/Muskegon/Kalamazoo MI.
For simplicity's sake, assume a $100K property renting ...
Hey everyone,This is probably a basic question, but I couldn't find an answer on here. I came across a seller who wants to sell her property, but she thinks that she can't sell for some reason. She said that a CPA a...
My wife and I have a Town Home that was a primary residence that we decided to rent out last year. We purchased the property in September 2017 for $123k with 20% down and Realtor estimates its current value at $146.5k...
Buying first property and wanting to do all the homework I can before I make an offer. Here's the deal:
-Historic home in central Florida.
-asking price $85k (short sale)
-25% down. 4.25%
-$2030 taxes
-$1709 insur...
How do you qualify boots on the ground in order to hire them to either show a property, take pictures etc etc etc? Do you ask for a Picture of their driver's license? What else?