Hi everyone
I need some advise with getting into real estate. I want to get into Realestate investing, I am tired of the 9 to 5 corporate job. I have been to many seminars on the subject and been watching a lot of...
I have seen multiple answers on google and on BP. I'm wondering is it illegal to wholesale houses in Washington state currently in 2022? I'm finding some answers that say it's legal if you let them know what you're do...
How risky is using balance transfer checks from business credit card as a source of funding to invest in cash flowing apartment complexes? If I was to do this, should I already have property lined up ready to invest i...
Hello everyone! First of all I have to say I am beyond excited to be a part of the whole BiggerPockets.com family. I found out about this site after reading David Greene's "Long Distance Real Estate Investing". Tod...
Hi I own two properties of roughly equal value with my sibling. Each of us own 50% / 50% of each property. What's the best way to swap ownership so that in the end each of us own 100% of one of the propertys? Is there...
Good morning Guys!We’ve started our journey in REI with my partner and are actively looking to get our first deal (SFR - 3 bed 1 bath).We look at a ton of deals on the MLS everyday and pre-select properties that we wa...
I plan to complete a cash purchase of a property with personal funds, closing it into an existing S Corp that I would be joining (Illinois), which right now has minimal assets. As I am new to the business of real est...
I was casually in negotiations on a duplex. The seller is willing to owner finance. He and his agent and me and my agent have never done an owner finance. Which seems fairly simple enough. At the last minute the se...
I've had the same tenant in my small 1 bedroom, 1 bath townhome for aout 6 years now. She's never gave me any problems. I've only rasied the rent once since she has been there from $525.00 to $565.00. I just found ...
Hello, Our CPA told us today that:
- Based on a selling price of $215,000, I am calculating a gain on the sale of the property of about $127,500. This amount of gain creates approximately $24,500 of additional feder...