Florina Villarde
Made an offer on a property and it was rejected
Hello,I wanted to ask for everyone's input in this situation: we made an offer on a bank-owned property and it was rejected. The offer wasn't super low and the property has been on the market for a while. Our thought ...
David Alter
Getting ready to pull the trigger....questions....
I've been looking at multifamily homes for the past few weeks with my realtor. I have found one that peaks my interest. The location is good, rent is solid and price is decent. My next step would be to make an offer a...
Edis Baftjari
Is this as good as he makes it sound?
Hello, I am trying to purchase a 3 unit rental, and I asked the broker for a 20% down, 30 year mortgage, since I want to save some money (instead of 25% down) and fix the roof. This was his reply:The bank is offering ...
Account Closed
Paid off property, should I sell to expand?
Hey Everyone,I have a paid off single family home with a good tenant who pays $850/month. After taxes/insurance I'm profiting about $7500 a year from this property.My mom is a successful investor and it has always bee...
Adrian Reyes
Good vs. Bad Crowdfunding
Hey everybody,So today my concern is on "crowdfunding" not too familiar with the term but to put it in a simplistic way for me to understand is basically, you and a group of other individuals partner up and all fund f...
Russ Trimboli
roth 401k conversion
i have money in my 401k that i am thinking about investing in a rental property.im also considering at some point turning it into a rothi have 40k in the account. i have my eye on a 2 family for 49k that brings in 140...
Ana Doxwin
Tenants Wants to Put in Sod
My tenants have been living a my rental property for over 4 years. When I first rented it out to them, the backyard was just dirt. They now want to put in sod for their kids. I think they may want to DIY this and pay ...
Fausto Carosella
Moving into a 1031 Exchange property---at some point?
Hi All,If someone moves into a property, (a single family - for example) that was purchased through a 1031 exchange years after purchasing it, what would the tax consequences be? To clarify: the purchaser never had an...
Byron Bailey
Househacking through First Time HomeBuyer Program
Good morning, All:I have been on the sidelines, learning from all of you and have decided to pull the trigger on buying my first home. I did not go the hardcore investor route. Rather, I plan on buying a home on a pro...
Cameron Snyder
1031 Exchange - Debt, syndication, partnerships
Hi all! My husband and I are currently selling an investment property with the goal of a 1031 exchange and have some questions around the debt component.
For simplicity's sake, if the property will sell for $1.5m ...