I received an email earlier today about a proposed change to the Colorado statutes concerning hard money lenders. If this passes it will require all hard money lenders to be licensed. Link below.
http://www.dora.st...
I'm closing on a 4 family and have 3 units already rented on below market rents, and they are TAW. They are living there for quite some time. 2 of the units are occupied by the same people for over 2 years, and one fo...
I am looking at some county tax records that show :- Land Appraisal: $7100, Property appraisal: $30300 and Total appraisal: $37400Then below there is a Total Assessment value that is considerably less than the total a...
I’m concerned about Minneapolis’s rent increase restrictions going into effect soon. I’m a new MF investor, trying to pick an area ( or areas) within 30-60 minutes from my St Louis Park home, to buy apartments 50 door...
Hi all! My wife and I are have started actively seeking deals and are getting really excited! We think this is a way to supplement our military income once we retire in 16 years! While we have traditional financing...
Hello,
I live in California, and bought my first investment property (SFH) in Peoria, AZ. Looking for guidance from the powerhouse of knowledge that this community is. Trying to educate myself on all the rules that ...
I'm selling my multiplexes, and I had the idea to save the capital gains tax and instead purchase a SFH that would be a short-term vacation rental. I remember the 1031 code saying something had to be similar to what ...
I thought I would share some new concepts I learned.
LLC as a Contractual Arrangement
So numerous cases have cited LLCs as "creatures of contract." One case described that contract as occurring between the members...
I'm hoping someone can help me understand this since I'm just starting out.I found this house on Zillow that was listed for around 250 days. I looked up the address and the property taxes and school taxes are not paid...
Folks, I have a question about a scenario. Bought SFR at $235k (Depreciation base: $200k) in 2016. The property depreciated for 7 years Loan on property: 200k ; Current market price: $360kIf I do 1031 exchange...