Tag Archives for " real estate "

Setting Goals in Real Estate Investing

I want to ask you two questions. One, do you have a Will? And two, do you have written goals for the next one, three, five and ten years? If you answered yes to the first question but no to the second, you are planning more for your death than you are while you are […]

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Taxes on Subject to Deal

Taxes on subject to dealscan be a bit complicated.  For example, you buy a property “subject to” an existing loan. You sell the property on an installment land contract or lease/option. What are the tax ramifications? Part One – Determining Your Basis Your tax basis is basically what you paid for a property. If you […]

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Real Estate Issues in Divorce

Divorce is more than just an emotional and financial battle.  Real estate issues divorce brings up can be quite tricky.  The general rule in most states is that property acquired by the couple after they are married is the property of both.  In some states, it is called “equitable distribution”, while in other states it […]

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Evaluating Rental Properties

Real Estate investing can prove to be a very good business as long as you make the right decisions and put your money in the right places. One of the major decisions you will have to make when dealing with a fixer upper is what to do with a particular property once you have purchased […]

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Buy Real Estate With No Money Down

There are are at least 10 ways to buy a home, even if you have little or no money to put down. Here are a few of the basics: 1. Sweat Equity Sweat Equity is a way to get a home by trading work for equity in the house. This could be used for a down […]

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Do You Need a License to Wholesale Properties?

You buy a property, you wholesale it, you profit. Do you need a license to wholesale properties? In most cases, the answer is “no”. Real estate brokerage is an activity regulated by states on their own terms, thus each state defines which activities require a license. There is a lot of vagueness and ambiguity in some of […]

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Basics of Owner Financing

Let’s discuss how the basics of owner financing, which is different depending on whether the seller has existing financing on the property. Property Owned Free and Clear Let’s begin the discussion with a simple explanation of owner financing with a property that is owned free and clear of any mortgage liens, that is, there is […]

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How to Evaluate a Wholesale Deal

So, you are new to real estate and have attended a few seminars. You have even done some networking through some local REIAs (Real Estate Investors Associations). You have started building your team and have some real estate agents, hard money lenders, contractors and more at your disposal.  You even have some of your own […]

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