We are looking to purchase our first investment property. My husband is hesitant to do a cash-out refinance or a HELOC in case the value of our home doesn't say high. How have you reassured first-time investors? Alter...
CRE Info - December 2018CRE Info is James Scully's periodical of commercial real estate research & articles intended to equip building owners with the market knowledge to make more strategic real estate investemen...
I travel every once and a while through Connecticut and Massachusetts. So I'm looking to purchase a multifamily in one of these two states. Prefer Western MA to anywhere along I-91 or I-95 in Connecticut.Looking for s...
Hi all,I have a duplex in Orange County, CA that I have held for 25 years and I want to consider an exit strategy. I have deducted 25 years of depreciation which would need to be recaptured on normal sale ( ouch ). So...
For those of you that have investment properties in Colorado Springs, how are property taxes assessed? Are they based on the purchase price of the property? I'm just trying to determine if the property taxes on a pa...
Hello all,Looking for some advice and guidance on what path to take. Regarding my CCC I'm looking to start with duplex. Side by side or top and bottom. I don't have enough equaity to put down 20-25% of my own money ...
How to Calculate new Property Basis in 1031 Exchange
Define terms:
Property sold
P1 = Original Purchase price of property exchanged
TDP1 = Total Improved Property = P1 – LV1
LV1 = land value when purchased
TD1 =...
Hi everyone. In the process of buying and house hacking a 3 family home with my brother. The house is OLD, needs some TLC and a good remodel. We have close to 70-80k to fix things up, with a chunk of that going Into t...
Good day!I'm under contract to purchase 30 townhouse condominium units (in a larger condo project) and the best play is to sell them off to owner-occupants. They're currently being run as a sort of apartment complex b...
I've had a SFH rented for the last 4 years and the tenants just moved out. The place needs to be cleaned up and possibly rehabbed. Everything is functional, but just outdated by nearly 4 decades. Should I just do the ...