![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2540254/small_1736557268-avatar-blakew149.jpg?twic=v1/output=image&v=2)
1 February 2025 | 1 reply
Quote from @Blake Winiecki: Figure out how much you want/need to earn, then reverse engineer it to see what options are available.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2289404/small_1737890216-avatar-cosmod.jpg?twic=v1/output=image&v=2)
27 January 2025 | 6 replies
Due-on-Sale Clause: Most mortgages have this clause, which could let the lender call the loan due if you transfer the property.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1659630/small_1621514562-avatar-davidw964.jpg?twic=v1/output=image&v=2)
1 February 2025 | 12 replies
Take your sales price, minus selling costs, minus any capex, minus purchase price and that’s your taxable gain.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3119968/small_1729810250-avatar-chelsead44.jpg?twic=v1/output=image&v=2)
4 February 2025 | 18 replies
My name is Chelsea DiLuzio and I am new to BP, and investing. 2025 is a year of big moves—literally and figuratively—for me, and I’m excited to be here!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2819440/small_1695049306-avatar-ofirr2.jpg?twic=v1/output=image&v=2)
26 January 2025 | 3 replies
@Ofir R.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3174063/small_1737740802-avatar-jacobr493.jpg?twic=v1/output=image&v=2)
26 January 2025 | 5 replies
-------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/527084/small_1695243724-avatar-gedaste37.jpg?twic=v1/output=image&v=2)
24 January 2025 | 36 replies
While we were onboarding the property to the system and trying to figure out the automated sprinklers, he was out there every day watering the lawn by hand, stopping the buck and taking personal responsibility.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/981862/small_1736470415-avatar-leong9.jpg?twic=v1/output=image&v=2)
24 January 2025 | 13 replies
.- They often get sold Class C or D properties while using Class A assumptions - then wonder why they are losing money.Here's some copy & paste info that you hopefully find helpful:-----------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1822205/small_1736900942-avatar-unalb.jpg?twic=v1/output=image&v=2)
4 February 2025 | 2 replies
Also, I'm not sure how you're paying attention to it on the tax side, but the unit that you are living in's profit at sale is calculated differently than the other unit that you're renting out.Once you move out, that unit is officially available for rent so from that point forward, any profit gained at future sale will be calculated starting from that point and will be taxable.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1534834/small_1621513308-avatar-devonm47.jpg?twic=v1/output=image&v=2)
6 February 2025 | 5 replies
but if i go in a LLC with them i get hit with the tax from the sale of the homeThe GC and the flipper were just going to split the profits from the sale of the home and they were going to pay me 2%/12% for the duration of the build.