Stephen R.
Double Closings Vs Assignments
I always seem to run into some escrow agent or another investor/wholesaler that is trying to convince me to use "assignments." I have always preferred double closings.
Here are some of the reasons:
...
Stephen Torti
Income Approach vs Comps Approach Appraisal
Hi All, got the Clear to Close on my first multi! So, question about the appraisal, I bought the property for $170k and the comp appraisal came back at $174k but the income approach came to $184k and that's before I ...
Don Ireland
Hold RE in Roth 401k?
I've read advice here on BP saying that it doesn't make sense to hold RE in a "tax efficient account" because you "lose all your tax benefits of RE". I find that puzzling and I'm looking for clarification. Sure you ...
Dave Godfrey
Self-Directed IRA approach to RE investing
Anyone have experience using their Self Directed IRA for a real
estate purchase?
I have some $ just transferred to a SD-IRA. I am looking to use the funds for a purchase. What vehicle would you sugge...
Patrick Goswitz
good or bad deal?
I was thinking about owner financing a property to a buyer and I need some help to figure out if this is a good deal or not.I paid $235,000 for the home. Here would be the terms with the buyer:Sales Price: $315,000 (N...
Steve Babiak
Who's Number 1 in influence on BP?
The stats don't lie:
http://www.biggerpockets.com/stats
Rich Weese has managed to overtake Will Barnard to become number 1 in the BP site influence score!!!
But how long will that last?
Have fun and offer up your r...
Ken Kwok
Foreign investors vs Local investors
Hi all real estate lovers,I am from one of the most expensive property city, Hong Kong. I am a potential investor for US property and exploring all potentials and risk. I am not sure if I am competing with local inves...
Joshua Costa
Purchasing a legal fourplex with five units
hey guys I've been in the background reading a lot of blogs for a while. I have learned a lot and I'm about to make an offer on my first multi. So the details on the property are that it's a legal four family but th...
Shane Bryan
Custom Built Home on Private Lake
I came across a property on a private lake within the city limits of a highly visited tourist town in Colorado. The property was purchased several years ago and the house was leveled to build a custom home. The owners...
Nathan Kyle Taufer
Help analyze 8-unit in Cleveland
Off market 8 unit brick apartment building in Cleveland built in 1920, Manhattan Beach areaPurchase price - $145000Rehab costs - $30000 (cosmetic consisting of windows/paint/flooring/trim/carpentry)(6) 1-1 units under...