Our company is looking to jump into commercial RE with a focus on transitioning retail strip malls into medical districts that can refer to one another (dentistry is our niche). We are in the middle of our first proje...
This is probably a very very dumb oversight on my part, but I ran a report on a house near me and it is showing $46,050 as total cash needed. Why is that? I thought it would just be Down Payment ($10,000), Closing Cos...
I have a question on 1031 exchange. I own a property in CA in my own name. I would like to sell the property and use 1031 exchange to purchase a property in TX. The TX property is worth significantly more than the pro...
Hello, I’m just getting started in real estate investing and I want to run my plan by you. I’ll find a hard money lender for an auction property, renovate, refinance and rent. Seems simple, but I know there are issues...
There is a work crew in town installing an underground fiber optic network. It's going to take them 6 months, they've been here a week in a motel. That network is going right by one of my houses. The utility compan...
I’ve been presented a off-market opportunity 8 unit multi family building in Clawson,MI. The rental roll revenue for 2015 was $51,040 and 2016 was $52,274. The NOI for 2015 was $33,322 and 2016 was $29,313. The owner ...
How does one setup a lease option deal and use rent to own as the exit strategy ? I’m wondering How do I sell the idea to the seller to get it under a lease option agreement without putting a large down payment down a...
I have the option of being hired as an employee or independent contractor. I am wondering if any local accountants or CPAs in the DC / DMV area (I live in DC) have any advice as to which I should choose. I am going to...
Hi! Is transferring 100% interest from one single member to another single member a taxable event somehow? Does there have to be a "purchase" of that membership interest by the new member for some dollar amount fr...
Hi all,Browsed several posts in this section, but didn't quite get my query answered and would like up-to-date responses. If I missed a current post, please feel free to link it to me.Anyway, I'm currently evaluating...