Investment Properties

Property Investment? I was invited to an open house by a broker. It was more of an investment property. This is what the broker told me about the property: 1*** Unionport Road, $119K, CC $543.33, tenant paying $940 The tenant that lives in there is renovating the apartment himself. Does this sound like a scam or am I viewing this wrong? The broker advise me if I am interested, the property could be mine but the tenant included and she will lower the price to $114,000. What do you guys think?

How does running a property investment business work? How does running a property investment business work. Do you start off buying a few properties and rent them out. Do you start by paying them off with a mortgage, so you can buy several properties at a time and pay each property off in certain amounts each time. Do you normally set up up a company.

What is a good formula for splitting profits on a rental property investment? 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. Investor #1: 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. Investor #2: Invested $75,000 from a home equity line of credit. Did 0% of the maintenance, improvements and rental property management. Investor #3: Invested $25,000 from a home equity line of credit. Did 15% of the maintenance, improvements and rental property management. Thank you!

What's the best suburb for property investment in Melbourne? I'm planning to invest in property in Melbourne. I'm from Sydney and have no idea about Melbourne. I'd like to know good suburbs for investment. Probably suburbs that are not too far from the city and high rental percentage. Also suburbs that have complete facilities, safe, etc. Please help. And thank you!

I want to know how the Modern Portfolio Theory can use in Property Investment?What is the disadvantages? How to use for Modern Portfolio Theory in property investment. Reason of use for the Modern Theory Portfolio in Property Investment. Problems and disadvantages when using this Theory. You can give me the sources to let me know more about it.

Isn't property investment in a good tourist destination good? I believe property investment in specific locations is good because investment is not a short term task. Just look at how much property investment has been done by Russians by the Black See, lately. The amounts they spent are unbelievable. I am against not investing at all because, more recession will follow. Best tourist destinations like Tenerife or the Caribbean will not lose their attractions. People who rather spend on prime holidays will always be around. If less now than more later again.... How do you feel about all this?

Where are the current property investment opportunities within the emerging BRIC region? Being aware of the potential of investing into properties or land based within the emerging markets of Brazil, Russia, India and China as well as being in contact with some property investment professionals and entrepreneurs in the UK, I am now looking to find out where exactly are the best investment opportunities. Many thanks in advance.

How is the current credit crunch and housing situation in the UK affecting those in property investment? By property investment, I mean those that are renting out homes or buying to refurbish and selling/renting etc Thanks x

Property investment? Does anyone know of any great prop investments here or abroad? Which places are up and coming?

property investment?

What is the best area in London for residential property investment? Please add suggestions if you know of other good areas in the UK for residential property investments and explain why.

Can anyone advise on property investment in Dubai? I have seen a lot of publicity about property investment in Dubai. I like the city and would love to get a home there but the publicity seems too good to be true, has anyone bought a home in Dubai or heard of any fraud or something?

Is it right time to do property investment in Singapore? Considering interest rates and new launch of HDB estates and condos across Singapore, is it right time to do property investment?

Where is there a property investment compnay in Greeley, CO or surrounding areas? I am a college student looking for an internship or a career in the property investment business, and I want to know if there are any businesses in this area, or individual investors or "flippers" that need a hand. Thanks.

What is off plan property investment? I have been reading up about property investment, but I am still a bit unsure as to what exactly off plan property investment is.

When you convert your investment property to primary residence are you required to notify your lender and refi? What if you convert from primary residence to investment property? Do you have to notify your lender? Do you have to refi? Aren't the interest rates different for primary residence and investment properties?

We are buying an investment property. With little to put down, what is the best way to finance the property? We have a large amount of equity in our current house. We have no bills other than the mortgage on our current house. Is a home equity loan to get to the 20% down payment and then a conventional loan on the investment property itself the best way to go? Or is it best to finance the investment property itself rather than using the equity in the primary residence. We could finance 100% of the loan purchase price or do a secondary mortgage to come up with a 20% down payment.

Reinvesting the captial gains from an investment property into another property? How does that work? Is it true that if you use the capital from the sale of an investment property and put that towards another property that you will not be taxed on the capital gains via tax? How does this work exactly? And can you use the capital gains toward any type of property such as a primary residence or a second home or does it have to be toward another investment property to avoid paying capital gains tax on those proceeds?

When realtor buy an investment property and put their realtor rebate back to the settlement, is it taxable? I have two answer. 1) If put back to settlement, it is not taxable. It only reduce your purchase price, when you sell your investment property, you have to pay tax. You only need to pay tax if you get check directly from the builder. 2) Another group think 1) only apply to second home. For realtor buy investment property, even realtor put rebate back into settlement, they still have to claim it as income and pay tax on it. Which one is true, any website as support document? Thanks. If the law will be different from state to state? I am in Maryland.

how would you assess the future and past peformances of a property investment? Hi Im doing a report on property investments and i need some information on how would you assess the past and future performances of property investments. any tip/pointers?

Tax implications of Investment Property Income to a minor? My husband and I just bought an investment property that we intend to rent. We purchased the property for a 10 year old minor with the intention of us making the monthly mortgage payments and the child receiving the monthly rental income (approx. 12K annually) to put in a savings account. Will our 10 year old have to file taxes on this income?

How do I report interest in 2006 for an investment property sold in 2005? Hi. I received a 1098 substitute form in the amount of $2000 for interest on an investment property loan. Funny thing is, I sold that property on Dec 30, 2005. So for my 2005 tax return, I submitted a form 4797 for the sale of the property. So maybe the loan wasn't paid off right away and interest accumulated in 2006. The 2006 interest must have been paid from the closing costs… after the closing on Dec 30, I did not personally pay for any additional expenses on the property. So how do I report what would normally be a business expense of $2000 for a property that I never owned in 2006? Or maybe I should not include the 1098 in my 2006 return since I did not pay anything on that loan in 2006??? Thanks for any good advice.

How to form a compny for an investment property ? I am planning to buy an investment property. All my instincts say that it would be wise to form a compny for that. I am pre approved for a mortage but I have no clue how it works. My question is Mortgage company approved me not the new company that I am planning to form, which I will use to buy the property. How does this technically work can someone help me please ?

I am looking into purchasing an investment property to rent out. How much of an increase is home owners? How much of an increase will my home owners insurance be to insure an investment property verses a primary residence? Thanks.

Is it wise to buy an investment property with a friend? I'm planning to buy an investment property when I'm 18 (16 currently) and rent it out. I've brought up the topic at school and some friends have expressed some interest. When the time comes should I buy the property with a friend? the worry I have at this is when the property appreciates in value, we might have different idea on what to do with it. What are your thoughts? would you do it?

Is refinance a must to convert my primary residence into an investment property? I am buying another home and making it my primary residence. I am planning to rent out my current primary residence, on which I have mortgage, thereby making it an investment property. Does that invalidate the mortgage terms because the mortgage was issued with the condition that the property be used as a primary residence. Do I have to necessarily refinance it by classifying it now as an investment property? Thanks in advance for any help.

What should I look for in an investment property? So that it can be positively geared? How do I determine if a property will make a good investment? Is there a checklist someone can reccommend?

What is the effects of letting an investment property go into foreclosure? I have been trying to find out what happens when letting an investment property go. Is it the same as a normal foreclosure or short sale, where you get taxed on the difference? Or is there some other route this takes. Just a question not my situation!

How do I purchase an investment property. Living at home so living costs are low? I really want to enter the property market but i'm not sure on the safest way to do so. I'm living with my parents and only have to pay a small amount of board each month so all funds can go towards the payments on my investment property. Please offer suggestions and tips, thankyou

When do you start thinking about an investment property? What rules of thumb are there for knowing when you're in a position to start thinking about getting an investment property? eg Is there a certain amount of equity you 'should' have in the family home before branching out? If you have an investment property, when and how did you do it?

How do you buy investment property with a home equity loan? My husband and I are thinking of purchasing an investment property by way of using a home equity loan on our first home. Is this a smart thing to do? what are the down sides of it? We don't have money of our own in the bank to do it, but it seems like a good time to take advantage of the changing real estate market.

What are the downpayment guidelines when buying a multi-unit investment property? Is it different from a primary home? I am interested in an apartment building to purchase as an investment. What are the guidelines for downpayments on an investment property. Is it the same as a primary home? I have heard that it is not the 10-20% minimal downpayment because if all/most of your units are occupied, this is taken into consideration. Websites are appreciated too. Thanks for your help.

How do you buy an investment property with an LLC? I purchased a investment property then formed an LLC. I was then warned that if I transferred ownership that I would end up causing myself a lot of problems with the mortgage company. I am about to buy a second investment property and want to do it right this time. Do I obtain the loan in the name of the company?

Is it better to buy a newer home or older home for investment property? Im currently looking at buying an investment property. Am doing some research, and in general is it better to buy a new property or older property? I look at this investment as a long term investment and dont plan on selling my rental property anytime soon. Thanks to all those why answered.

Do I need orignal receipts for investment property repairs? I recently did some repair work on a investment property I own (it is rented). Do I need the original receipts (let's say from Home Depot) on the materials bought, or can the person that did the work put it all on one receipt with his labor charges?

I need to foreclose on an investment property in Texas, what are the ramifications? I own my primary in CA free and clear and have another investment in Arizona that is also underwater. I can afford AZ but cannot afford the Texas property but am tied to a lease from the renter for an another 9 months. I need out on Texas. I tried to sell it for the last year with no luck. Is my primary safe and what is the best way to get out without much financial penalties?

What happens when a tenant moves out of an investment property? What are the changes - law wise - when a tenant moves out of an investment property and the owner moves in and occupies it?

Can an investment property and primary residence be purchased at the same time? My fico scores are above 700. I am 25 and I want to buy my first home, and another property as an investment property. how can I do it at the same time? I plan on getting a "no doc" loan for both. I'm new to the real estate industry, and just looking for a few more answers than the ones I've gotten from brokers.

What will happen to a judgment lien on my residential investment property after I file personal bankruptcy? I have a judgment lien on a residential investment property that I own 25% of. This is the only RE that I own. The mortgage on the property is $115k, the lien is $110k and the property is valued at $200k. If I file personal bankruptcy (Chapter 7), will the lien be removed? What if I sell my share to my partners, do they have to pay the full amount of the lien? Does the lien remain with the property even though I sold my share?

Spouse terminally ill; how do I protect our rental property investment; should I remove his name from deed? If my spouse should be admitted to a nursing home, can I protect our rental property investment by removing his name from the deed? Or will the government force me to sell the property to pay for the nursing home?

When buying a investment property, should i insist on looking at the tax returns filed for the property? When buying a investment property, should i insist on looking at the tax returns filed for the property to asseses the actual net operating income, which can give me accurate CAP rate.

Is it possible to refiance investment property that is a mobile/home land package? I was given 1 acre of family land, I used that land as collateral to purchase the mobile home. I now have moved and I am told that since the is not my primary residence they will not refiance. The property is now an investment property. When we purchased the home, we were raped with the interesr rate of 10.25% Does anyone know of anyone who made do this Thanks Rhonda

I am looking at buying a second property for investment what type of down and interest rate should I expect? I have an existing mortgage and good credit. Not a lot to put towards a down payment on an investment property. What kind of interest rate am I looking at? A percentage point or two higher?

What's the best way to buy a 3 family home for investment property? I'm 19yrs old second year in college, I have a income of $48,000 a year and I want to purchase a 3 family home for investment property. I have approximately $5,000 dollars with a credit card debt and $10,000 in savings and I'm living in the state of New Jersey. If not a 3 family, what is the best real estate investment for me at this time?

What are the best resources to learn how to buy an investment property and become a landlord? I want to weight the pros and cons of buying an investment property to rent and possibly live in, probably an older duplex. Any experiences or resources would be helpful.

How do I find the ROI on an investment property? I just acquired my first real estate investment property, and I am wondering if someone could provide me with the formula to calculate my cash-on-cash return (ROI)? Send me an email if you need more information, or if you need me to provide you with the numbers.

is it possible to get a HELOC on an investment property that you only own 35% of the equity? I have 35 percent equity in on on property and i have invested 50,000. I want to get some type of home equity line of credit on that particular investment property so i can reuse to funds if some other deal were to come up.. Does anyone know if it is possible and if it is what banks do this? Any advice would be greatly appreciated.

Can a husband buy an investment property without his wife on the deed? My dad and I are looking to buy an investment rental property together and I don't want his wife to be involved. Can he buy it with me or since they are married and it is communal money, she has to be involved too? The rent would cover his half of the mortgage.

Is there any programs for property managers to purchase investment properties with zero down mortgage? I would like to purchase a property for investment purposes (renting) but cant really afford 20 nor 10% down on loans. Is there any loans offered by banks that offer such help for investors?

What are the best neighborhoods in San Jose to buy a rental investment property? I am going to buy a rental property for investment (a Condo, in the range of $150,000 to $250,000). I am not familiar with San Jose area. Could any one tell me what are the best neighborhoods and/or which neighborhoods should I avoid in San Jose?

Wondering what is the best way to finance an investment property? For an investment property (not to live in) should I use a home equity line, traditional fixed rate 30 year mortgage or something else. Let's say I want to hang onto it for maybe 10 years....

How much equity needed to refinance investment property? How much equity does the average lender prefer that you to have in an investment property before they'll consider refinancing the mortgage? 20%, 25%, more???

Does anyone have suggestions on how I should purchase my first investment property? I live in Texas and I'm planning on buying a property to rehab. Unfortunately I don't have the money to pay cash so I was wondering if anyone could give me some information on other financing options. Should I go to a bank or a mortgage company? Are there special loans to apply for? I plan on starting a small L.L.C. company for my investment properties. Is there any government assistance for small businesses such as this? I don't really know anyone in the industry so I am having trouble finding a lot of the information I need.