This may be a little bit lengthy but I think people could learn from a recent purchase I made. I closed on a house yesterday that I bought at an auction. I have purchased at least 30 houses at auctions so it’s not t...
I recently completed the purchase of my 3rd sfh rental. As of now I have a total of 4 properties including my primary. I figure I have somewhere in the neighborhood of 1-1.2M in equity overall (300k equity in my prima...
Ok y’all, I’m new-ish to the game and looking for some help on what to do with my first rental. I’m going to put in a ton of numbers, and I’m looking to answer the sell or hold question. Thanks for your help!! Propert...
Are there any tax implications if you get a line of credit or refinance to pull cash out of a property to invest in another? From my understanding, pulling out cash through a refinance would have tax implications. Can...
I have a client that I am providing funding for in Massachusetts. We planned to fund a back to back transaction for over $1M but the short sale approval letter from First Horizon MetLife came back that it must be held...
Hi Everyone,Need some advice. My fiance and I own a condo in Santa Clarita 2/2, which we plan to rent out and move on to the next investment. (We would cash flow about $300)We're thinking of buying a SFR with a detach...
So I was listening to episode 150 with Luke Swab. Brandon was talking about a BRRRR strategy he did a webinar on. Unfortunately that webinar is from 2015 and from what I've seen they only go back to 2016! Anyways, ...
Hello! I have a townhouse that is rented under a 2 year lease with the renter's intention to extend 5 more years. However the renter just approached us and asked if we'd consider selling the rental to them. We weren't...
I forgot to ask my Realtor about this. I'd be interested in other people's experiences anyway. I'm curious if anyone has any experience buying a triple net lease building with a franchise tenant in it. I'm looking at ...
I am trying to decide whether to do a 1031 Exchange or to sell an investment property outright. I have suspended loss carryover associated with the property. I often see general guidance such as follows: "If you ha...