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Results (10,000+)
Blake King Best Website Creation website?
10 April 2024 | 56 replies
Probably not the cheapest anymore but I've always had an easy time creating sites with them and never have an issue with their customer support when needed.My current capture page was made with them.
Daniel Myers Rental Property Calculator - Profit if sold Calculation
8 April 2024 | 0 replies
So it is calculating the profit using increased rates for cash flow that has not come in yet.It's a relatively minor issue, honestly for estimating purposes, most people are probably not going to find this ruining their deals, but I'm a bit obsessive with getting numbers right and this sent me down a rabbit hole tonight figuring it out. 
Bobby Williams Purchase Legally A Short Sales
8 April 2024 | 5 replies
There are no short sale "laws", but the addendum will specify who can purchase the home, and to sign and violate would be fraud.
John Morris Duplex fall this year or Quadplex in spring 2026... and then ?
8 April 2024 | 2 replies
(I'd still be putting aside the 15% as if it were fully rented because of Murphy's law) I'd have to live there a year, then move (another duplex?)
Tracy Scott Common House Hacking Costs
9 April 2024 | 19 replies
@Tracy Scott it's highly dependent on the deal, the type of property and the location.In addition to the items others have mentioned, here are some of the biggest potential start-up expenses that I study closely before buying a property:Foundation/structure--this is one of my few "deal breakers", I typically will not purchase a property with significant foundation or structural issues.
Account Closed Justice Department Says It Will Reopen Inquiry Into Realtor Trade Group
7 April 2024 | 7 replies
There are issues in the realty industry...primarily the fact that the barrier of entry is so incredibly low to get a license and the vast majority of agents don't hone their crafts.
Ardian Selimi 22 with 200k liquid looking to get my first property
9 April 2024 | 3 replies
I have 200k in liquid cash (yes this was self earned thru 5yrs of sacrifices and hard work 12-16hr days 7days a week with maybe a month in the summers as break to see family back home, but i dont want to do this forever) My dad and I want to be partners going into these deals. there is a new construction 4plex i am looking to build which will be 775k that i will put 25% down (half me half my dad) which will cash flow net 2k /mo if i rent it out LT (COC of 11% which isnt bad and apparently my agent who recently worked on a neighboring new build said the appraisal after its built is mid/high 800s, also my plan is after 2yrs to REFI at lower rate). i am considering to have 2 of the units as MTR for local nurses or construction crews which of course can increase profits much more.i also have a 3acre property that i am thinking to build small 2bd 1ba cabins and use as STR/MTR/LTR. but i am also wanting to do do STR as i love the concept and have watched Robuilt everyday learning from him. i am looking to buy land in a mountain/ski town (189k 10acres) and build a beautiful aframe and use as a STR. all these property ideas are close by to me so i will have a close look on them and will manage myself. i have just been consuming knowledge endlessly the last 3months in preparation for this decision.but as you can see my head is all over and im unsure what the correct first step will be. i have many goals and visions of what i want to do i just need some help making a correct first decision on those who are far more experienced than me in this real estate space so i use my capital in the most efficient way. i understand real estate is long game and i have no issues with that but i would like to at a minimum cashflow 100k a month by the time im 30. this is a big goal but i have 8yrs to do this. thank you for your help i look forward to the responses(side note: i am not considering house hacking as i live with my family, this will possibly be an option in the future)
Cj McDougal Monetized Installment Sale
8 April 2024 | 15 replies
@Thomas Rutkowski, You also state "...And because of the fact that it is done through a qualified intermediary, the depreciation recapture is deferred for the same reason that it is in a 1031 exchange.Readers should take note that the California Franchise Tax Board has issued negative guidance regarding using the Deferred Sales Trust, Monetized Installment Sale or other installment sales techniques to "save" a failed 1031 Exchange. 
Chris Burke Capital Gains Advice - Sell or hold
9 April 2024 | 12 replies
If you are going to go heavy into real estate investing, there are many ways to defer taxes, so losing the personal residence deduction may not be an issue.
Tom Server Tenants not paying electric bill, owner is responsible
8 April 2024 | 2 replies
check your local laws as a few people on BP have posted that you can only do evictions for unpaid rent in some areas.