Hi,
I am looking for some advice on how I might go about diversifying my assets, specifically around real estate. I feel that I am not diversified enough - and looking for opinions here.
Currently, my real est...
Here is my situation. I am really tired of tenants that feel entitled and stories they tell when the check bounces. Property management is not something I can live wifh, I manage my own properties.I feel like I am man...
Hello all,
I am looking for the NNN property in Houston area. I am totally newbie.
1. What will be the mortgage rate and term for the NNN loan? For example, Starbucks or some new strong long term tenants.2. In you a...
Seller in Columbus OH refuses to return $1000 earnest deposit to Buyer despite cancelled contract and demands $500 before returning the deposit. Seller wont sign mutual release claiming they were not given time to rem...
Curious to understand some of the tax-related nuances with regard to taking a more passive approach through a syndication investment. Specifically, how this type of investment is typically treated for tax purposes (i....
For those who buy and hold - how do you decide when to fold (sell)?
Here's the situation: Bought several OOS properties starting 2.5 years ago. We "chose" this location because my husband was assigned there for wor...
Hello Everyone...Financial matters can be such an emotional decision. I have some cash savings along with a modest investment property and a primary residence. I own both properties outright with no mortgage payments....
Hey BP, I'm looking to make an offer to buy a single family home using owner financing and want to get a better understanding of what the tax implications are to the seller. My initial thought is that the seller would...
Purchased a 3 bed, 1.5 bath house on .25 acre lot. Pasco county, FLpurchase price 35k. CASHrenovation cost 10kARV 100k-120kEstimated Rent $1k-$1,200I have two different routes I'm thinking of going with.1) Debating w...
Duplex:
-Purchase price: $155,000
-600 sqft 2/1 each unit
-1979 concrete
-Rents for $1,000/unit/mo
-PITI is $940/yr
-Property management fee: 7%
Option 1:
I've put probably $25,000 cash into upgrades and rep...