Posts Tagged ‘Estate’
I may be mistaken, but, because houses are so cheap now, wouldn’t it be smart to invest in real estate. As in, buy cheap now, bite the bullet until the economy bounces back, which may take time of course, but, its bound to happen, then sell high…
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