Hey everybody,
I have a rental that has 3 tenants. A couple and a friend. Well the couple is now pregnant and they want out of the lease. The friend has 2 friends that they want to take the place of the couple on ...
Here is the situation I am in and I am trying to find out how to avoid capital gains, if possible. My wife and I purchase a home as our primary residence in November 2009. It was our primary residence up until May 31s...
Hello everyone,I own two properties in Tennessee. The first property is a condo, and my wife and I own 90% of it, and my brother-in-law owns 10%. The condo was purchased March 2019. We lived there until September 2021...
Hi All,Is partnership for a real estate broker allowed if 1 out of the 2 partners holds a brokers license and the other person is a real estate sales agent? This is for the State of Michigan.
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $50,000
Nice little purchase via subject to the existing mortgage. 3.25% rate, not bad.
How did you finance ...
I used to wholesale, on a bootstrap budget, did well mostly focused direct to seller on pre-foreclosures. Now that I'm jumping back into real-estate and I'm buying not wholesaling I thought well 'this is going to be e...
Investment Info:
Single-family residence private money loan investment in Memphis.
Purchase price: $125,000
Sale price: $125,000
This is a private loan I provided to a family who owned two townhouses...
Hello BP community!I have a question regarding seller financing. Right now, I’m interested in buying a property in my town. It’s a cash-flowing duplex that has room for equity growth through rehabbing. I’m really inte...
I am new to landlording so looking for some help. We have a situation where my in-laws will be living with us temporarily. This could be an year or even longer. I want to get an estimate with numbers to see if this ma...
I found a thread about this, but that was 5 years ago. We are looking to purchase a small 2bd/1ba home in the heart of Winston-Salem. Plan is to rent it out either as a MTR/STR. Does anyone currently have one in the a...