K Jones
Advice mortgage payoff home rental
Advice or Perspective appreciatedI have a 30 yr old 3B 2 br home. Monthly $1100, rent $1500, $61000 mortgage left, 4% rate, good renter for the past 3 years, bought for $175, north Kansas City mature neighborhood. Pro...
Tyler Richmond
Is it worth selling primary residence for capital towards REI
I apologize if this topic has been covered already. I have not seen anything that quite covers my questions entirely.My wife and I currently own a home in San Diego with a 30yr fixed rate mortgage at 2.75%. Like many ...
James Bakun
How to avoid FIRPTA tax? and how to avoid withholding requirement?
Hello, I have foreign clients who own investment real estate in the U.S. They are looking to sell and would be subject to FIRPTA tax. Is there a way to avoid paying this? and is there a way to avoid the withholding re...
Misook Foley
Duplex 1031 exchange
I want to sell a duplex. Can I do 1031 exchange to two single homes rather than a duplex or more unit building?
Thank you
Paul D.
1031 identifying a property question
Hello,I'm currently selling a property and will be utilizing a 1031 exchange. The property will close in 2 weeks. I have found a new property that I want to buy with the 1031 exchange. Am I allowed to put an offer ...
Zac Starr
Keep Renting or cash out? HELP
I have a 1972 1500sq ft Mobil home on a 0.4 acre lot. I own both free and clear and am currently collecting $1350/no rent ($1270 after PM fee). My concern is , I have a credit card that has a $30,000 balance with the ...
Joe Mclain
Investing in a vacant lot within subs with HOA
I am looking into vacant lot in a subdivision with an HOA. Its a gated community in GA with mountain views. I would appreciate any info on: do the properties tend to not sell quickly, do you stay away from these p...
Andrew Syrios
The Rate of Return from ONLY Principal Paydown
I was curious on what the rate of return would be on real estate from nothing more than principal paydown alone. Turns out it's not that shabby. Using my trusty CCIM Institute financial calculator, if you get a 80% LT...
Bryan Hartlen
Property sold subject to (through a title company)??
Wondering if this is common and what we should be wary of as the note holder...
- We originated a note on a property (in Brazil, IN; Clay County in case that matters). We went through a local title company for the c...
Eric Ingersoll
Should I sell or should I hold?
A few years ago, I bought a single family home in Parker, Colorado. I bought it as a foreclosure and have rented it out for a few years. Since I bought it, it has appreciated significantly and now worth around 500k. I...