Posts Tagged ‘Estate’
Hi I work in Real estate and I am starting a blog, the only thing is I would like to make it interesting. I am 24 and i read real estate rental blogs they are all informative but they bore me to death. I’m in Manhattan and want something that would reach a younger crowd. Any ideas on what I could add to it besides the 1 million apartments for rent in the city?
I am involved in a 3-way investment on a rental property and we are being forced to sell because of a DOT project. Our profit on this property will be approximately $75,000 and we need to figure out how to split this up. Being close family members, we weren’t too concerned about figuring this out we bought the property.
I would really appreciate any suggestions from real estate investors experienced with partnership investments like this.
Here are the figures for the capital and work/mangement invested by each party.
Invested $150, 000 by taking out a regular home loan.
Lived at the property and payed “rent”.
Did 85% of the maintenance, improvements and rental property management.
Invested $75,000 from a home equity line of credit.
Did 0% of the maintenance, improvements and rental property management.
Invested $25,000 from a home equity line of credit.
Did 15% of the maintenance, improvements and rental property management.
I would like to buy a house as an investment property to lease to someone else. Can my wife and I pay part of the mortgage using the $5000 annual maximum traditional IRA investments for a total of $10,000? I have read that you need to have a third party manager for the rental. Is this true as well?
I live in Northern Virginia, and am remodeling my house, I am not sure if i should sink more $$ in my house if the market stays like this. When will it come back up?
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30000 sq ft 3 level central grotto with 3 pools, tunnel slide and ‘splashing waterfalls’ 8 bedrooms, 10.5 bathrooms Executive office, full gym with sauna, 2 lane bowling alley 3000 sq ft motor museum with lifts and mechanic’s workshop A mini recreation of Charleston, West Virginia downstairs, with retro movie theatre, cafe diner and a jewelry store to store your baubles
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