Jen Hoang
1031 Exchange on a rental property with Ex.
I currently own a rental property in Houston, TX with my ex-husband. The property is held in our trust but I am the only one on the loan. The trust will no longer be valid as I am remarrying. We would like to sell i...
RICK SAROUK
REO MYTH!!!
This message is for investors in CA, NV or AZ. I am a licensed broker and certified appraiser. How many of you are profiting form investing in REO properties? I can honestly tell you that the myth the gurus are spread...
Tim M.
Couple of 1031 questions
Hi all,
I have a couple of questions on 1031 exchanges, both may be stupid, but this is what happens when I sit and daydream about real estate transactions:
1. Is there a way for a person to get a loan to buy, in my...
Jack B.
How will buying more rentals with cash out refi from existing rentals affect CG Tax?
I had a handful of properties that I cash out refinanced in 2021 to buy more properties. So I bought a few more using that cash. The properties went up in value a bit then back down due to interest rates going up. Rig...
Janis Dikis
Does FIRPTA apply to wholeselers
Hi! I really need your help to understand this issue. "Under the Foreign Investment Real Property Tax Act (FIRPTA), when a US non-resident sells real property, 10% of the gross sale price will be withheld for the IRS ...
Burt L.
What Are Your Best Qualifying Questions -Before Visiting a House?
Like many, I have expanded the area I send my marketing to. I now have a max of 2-3 hour roundtrip drive-time to see a property which makes it even more important that sellers and their situations be better qualified ...
Dawn Anastasi
You win some, you lose some
Sometimes you don't always get a property, but it's best to stick to your numbers. Here is an example.Saw the property in mid-June. Seller was trying to sell it himself by listing on Craigslist and was asking $20,000....
Mike Walls
In need of some direction
Hello All, I am completely new to this so please be gentle. My wife and I would like to start building our rental portfolio. We have a second property outside of Little Rock, AR. It is aprox 30 acres and we have a li...
Jana B.
What technique are you using to get paid on a short sale?
I now have 2 contracts on some property and they both have a proof of funds letter I really don’t want to send the proof of funds to BOA because that will see how much the buyers is buying the property for and they ...
Gillian Gong
Refinance or sell to prepare for downturn
Hey everyone,
I'm struggling with if I should sell my current primary residence or refinance it.
Our place is a 3 year new construction townhouse on a main street. it's 2 bed 2 bath plus an office with two car garag...