Short version, we listed a property we bought sight unseen via auction. Lets say for the sake of discussion we paid 60k and it was previous listed for 130k. We relisted the property with the same listing agent t...
Hello BP, fellow investor located in LA looking for good multi family deals. I have a question. Can't one look at average cap rates across the country and make a pretty good decision on where they should invest? Cap ...
Hi everyone! Looking for some advice here for a newbie. A property that I used to live in just went up for sale. Its 7 units, one block from the University. The area is the upper class section of the city. It is ...
Hello Everyone,I'm in the service now but will be getting out by the end of the year and looking to get a new job lined up. I love dealing with my tenants here in Hawaii (only 2 properties) and am considering doing th...
Hello BP, as you may or may not know I am a new investor with little experience looking to make my bones this year in real estate investment. I've been reading everything i can get my hands on; books, forums, Q&A,...
Hi,
I would like to know under what circumstances does one file for 8825 vx. Schedule E.
Also I just got a schedule E from a seller. However in the tax line of the form there is no entry. The profit is being shown w...
Hi I’m currently looking to by my first home which is a multi family and I don’t know what I’m doing at all but I do have a real estate agent and I’ve been pre approved for an fha loan I just would like tips on dos an...
Hey looking to understand some tips in making sure that the potential lenders I am speaking with are offering me the best possible solutions for my situation. What are some good questions I should be asking a potentia...
Rejected, no counter, no answer or email returns... While some deals have been done, many are lost due to low ball or calculated offers... Would you accept an offer 100k under your asking? More then likely not so how ...
Let's play a game. You have a separate property that appreciated well. You can sell it now (make $131k after taxes and fees), or you can convert it to a rental property and make. $700/mo for the rest of your life.Also...