We are planning on selling a SFH rental this year. We have a ton of equity in the property so I am trying to learn about 1031s.
Here’s what I calculated using rounded numbers:
Cost 150
Cap impr 70
Depr 105
Basis 11...
hi guys, i have been investing for some time, purchasing a property every couple of years. But near where I live, the market is mostly cost prohibitive and deals do not pencil out. How have some of you guys chosen...
A good friend and colleague owner occupies a three bedroom condo that he does not like. He feels it is too big, not walk-able to destination activities (restaurants, movies, parks, grocery stores, etc). It does not ha...
So we will be closing on 2 duplexes on 9/18. I financed one duplex on my own and took on a partner for 50% of another (he will be paying cash for the full duplex). My lawyer suggested tenant in common approach for t...
Anybody out there looking to sell Phill Groves newest Maps course? I would be interested in talking with you.
I don't know the terms well, but are "wholesalers"(?) the same as brokers? They both act as middleman in a deal right for a fee.
If not then I'am lost, I'am a newbie to the business and I just finished a rather hot t...
Hey, I already have a couple of semi-detached in East York and recently been thinking that resale condos (as opposed to precon) might be a good, easy investments to make. Quickly ran numbers using a few condos current...
Hi all
I have a previous house (now rental) that is quite underwater. I paid about 10k in repair costs this year for a new HVAC and the basement had to be excavated due to the plumbing collapsing under the house. Ye...
Hello, my uncle is 89. He is deeding a house to me that he owns & collects run on. It's paid off and brings money in. The tenant is an older woman has been in it for years! Like 10 or more years and not trying...
Hey everyone,
I'm looking to buy my first rental investment property in Dallas, TX (and surrounding suburbs) and I am in the process of identifying the property and doing research with lenders. My partner (and gf) is...