Pandu Chimata
Capital gains by selling an investment property
I am working with few owners who have owned their multi-units for the last 30 years. They want to retire now by disposing off their properties. One of their concern is capital gain tax that they incur due to the sale....
N/A N/A
% return on marketing letters
Just wondering what % do you hope for and get on letters, postcards or flyers you mail out to a targeted audience say to pre-foreclosure, foreclosure, out of town owners, disgruntled landlords, etc.? Ie how many call...
Leibel C.
Seller not responding to offer
So after a little marketing, and being contacted directly by sellers, I made two unofficial (starting point) offers last week via email.
So far, neither seller has even acknowledged receiving the email, let alone sayi...
Kelly Douglas
Capital gains confusion
First off, I know I should contact my CPA, but I'm trying educate myself on this matter so I can ask the right questions.
I will try to keep it simple.
"My share" of the deal is as follows:
I have a $1,000,000 Option...
George Smith
Cash out refi on Rental to Pay Down My Principal
We have a practically paid off rental property (we owe 39K on a 5.25% 15 yr fix) in a great neighborhood that has had the same renter in it for 7 1/2 yrs. The home is worth. $400K Our primary residence is on a Inter...
Veronica Montoya
FTC Targets Credit Scams: i3solutions.net, Score Optimization System SOS, Merle Eugene Schwalen III
Hi, All,
Just a quick post, in hopes that even one person might be warned away from what I experienced.
I just went thru a lot of lost cash and pain dealing with a fraudulent Credit Repair Agency (per FTC).
The re...
Keith Waterhouse
Buy and hold success..
I have asked many questions and have received helpful information; thanks to all of you. Let me understand this: if you can cash flow at least $100 per door on multi's, or so, you are doing well? Holding on to such p...
Scott Luetgenau
Advice on Cash Out Refinance
Hello BG Community!I'm interested in a cash out mortgage refinance. Here's the current situation. We currently have a 15-year mortgage from Wells Fargo on this 3-bedroom, 2-bathroom SFR in downtown Raleigh. We owe ...
Jarid S. Johnson
Why Do Real Estate Agents Flip with I Mention Flips?
I have been attempting to create a network of real estate agents and brokers who might feed me potential deals with the intention of providing monetary compensation for their efforts. It seems however, a lot of agents...
Rich Hupper
Mortgage and Bankruptcy
Can someone tell me what happens when a mortgagor files bankruptcy before a foreclosure auction takes place. Is the mortgage wiped out? What generally happens to the property securing the loan?Thank you