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I wanted to confirm my understanding on 1031 exchanges. Sale Price $350,000Cost basis $150,000Equity $200,000Now I only need to reinvest my $200,000 equity. Correct?Buy $200,0000+ propertyPut $50,000 down, finance $15...
Been running into this issue, I am purchasing homes using funds from a partner, who is strictly providing cash and does not want to be hands on in the process. The issue is, conventional financing for investor homes d...
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Here's an email I had to forward to my property manager... and it made me so glad that I don't have to deal with this:"There is a trailer parked in the alley by the your sixplex. They have put up no trespassing signs...
I'm starting a new job in the bay area and I see it as an opportunity for a long term investment in California. Are there any agents on here with experience helping investors find fixer upper properties that they can ...
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Hello everyone! I'm a "new" investor who actually has some experience, looking to purchase 3-4 rental properties (also open to the idea of fix & flip) in Detroit. I owned a duplex in Ferndale (a trendy inner-ring ...
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True story,About two years ago I was approached by a wealthy friend and given the opportunity to manage and invest $500K of his funds into the real estate market.....whats the catch you ask? no catch, After watching m...
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Do I need a real estate license in Missouri to refer rental property?
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So the other day I was in the chat thingy Josh has going on here and Rich Weese, Will Barnard, I think Bill Gulley and maybe another joker or two was there I forget.
Anyways, Rich mentioned he was going to be in Veg...
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My tenant decided to vacate in month 4 of a 12 month lease. What do I need to do in order to attempt to obtain a portion of the $ owed to me? I am assuming I need to file in small claims court?
I know where this ...
The property in question, is listed for $350,000 and is generating an annual income of $62,160 with annual expenses at $34,350 which $6,000 of that is for property management. The property has been completely updated ...