Victor Yang
if i gift a house, is the cost basis what i purchased it for or the FMV?
24 January 2025 | 8 replies
Quote from @Victor Yang: If I gift a house, what amount will go towards the lifetime gift limit, the amount i purchased the house for, or the current FMV?
India H.
1st time REI ready to make first purchase!
16 January 2025 | 10 replies
I'd also like to try to purchase with a land trust or my LLC.
Pilla John
Curious Question for Fellow Owners!
19 January 2025 | 1 reply
—it’s also about reliability, attention to detail, and someone who just “gets” your space and your guests’ expectations.Do you have any hidden gems, local recommendations, or tips to share?
Rafael Valdor
Renting out my townhouse: DIY vs. PM vs. Realtor
11 January 2025 | 14 replies
Fake income documents are easily purchased online, and inexperienced screeners often miss red flags.
Leon George
New to BP Community
24 January 2025 | 13 replies
Thank you so much for taking the time to respond.Here’s where I’m at in my journey:I don’t plan to rush into purchasing my first property.
Jacqueline Wright
Ready to Dive into My First REI Purchase—Auction Property with Hard Money or DSCR?
23 January 2025 | 3 replies
With this being your first purchase, you may want to consider a property that's not being sold at auction.
John ONeill
What Makes a Contractor Truly Great? Let’s Chat!
18 January 2025 | 2 replies
Reliable and ConsistentThey show up when they say they will, stick to the schedule, and follow through on their promises.
Michael Beirne
Section 8 BRRRR in Baltimore
22 January 2025 | 15 replies
@Jay Fayz for SFR (1-4 family) Classifications are mostly opinion-based.Not aware of anyone tracking eviction rates, except Evictions Lab nonprofit that doesn't like landlords.Here's some info that might helpt:---------------------------------------------------------------------------------------------------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?
Todd Connelly
Need to sell or find someone to lease property out for me
11 January 2025 | 3 replies
Hey Todd, that’s a real juggling act you’ve got.. balancing one home in Florida with another new purchase in Oregon.
Justin Treaster
Dallas Fort Worth wholesalers
15 January 2025 | 27 replies
I think when you start you need to make sure you work with people who are reliable.