All Forum Posts by: Freddy Neuhold

 She's not a resident either, has never been in the US yet. Currently working on getting her B2 visa though. Does not even being a resident make a big difference?

I am selling my primary residence in San Antonio, TX. My wife is Filipino and not a citizen of the US currently, we married in September of 2023.

My question: While we've only been married for 5.5 months, can we qualify for the joint filing $500k exemption? Specifically wondering if my wife not being a US citizen will disqualify us or something. I've owned and lived at the property since 2021 so I meet those requirements. Just wondering if newly weds can still qualify for the exemption and if my wife not being a citizen will hinder any capital gains tax exemption qualifications. We're selling the property for $350,000

So I’m really new to BP and real estate investing in general. I just graduated college this past May and will be starting my first professional career in 2 weeks. I really want to get started investing.

I have been looking into FHA loans and I meet the requirements, but I know each lender has their of requirements as well. I was wanting to get a 4-unit I had found for a really good deal but my job requires me to move around the state frequently so I wouldn't be able to do an FHA loan since it requires the property you buy to be your primary residence for a year minimum.

There's a few other properties I've come across that I'm interested in and I could get with low down payments/owner financing. If I buy a SF I'm looking at, will I be disqualified from getting an FHA loan in the future? I really want to get started ASAP with investments but with my upcoming career it will most likely be 2 years before I have a set location. Any advice from anyone will be greatly appreciated

@Marc Winter Thank you for your reply, I knew about separate meters and how to set them up but I had no idea why there is always an extra meter. Just today I was looking at a 4 unit place that had 5 meters, makes much more sense now

@Troy Nonnemacher That’s so interesting, I’ve never heard of off market direct marketing in the real estate business. Thanks for the info! Where would I be able to get a list of properties that aren’t listed with realtors? How often do you find really good deals with off market mailing?

Wow! That's awesome! Congrats!

What is an off market Mailer? Sorry, I'm new to BP and REI. Trying to learn as much as possible

@Scott Passman

Thank you for the info!

I’m new to the Real Estate Investment scene. I’ve been doing a lot of research on markets I’m interested in as well as a lot of research on BiggerPockets. Something that I’ve seen quite a few times now is the classification of of cities/neighborhoods such as A, B, C and so forth.

My question is how do I determine what areas should be classified as what? I get that A is great and F is really bad, but what constitutes the ratings? Is there a chart with specifics to look for in cities? A fear of mine has been purchasing property that needs quite a bit of work in not the best areas, but also not the worst. I’m worried about getting a fairly good deal but after rehab that I won’t be able to sell, or at least sell fairly quickly due to being in not the best area. Any advice and insight would be great. Thanks!