if buyer and seller agree to an increased sales price to assist the buyer with his closing costs, doesn't the seller wind up paying more capital gains on the increase? Is this something that benefits only the buyer?...
Hi All,A few years ago I bought a commercial office building that I rent out to healthcare professionals and it has been successful so far. I know there is some demand in my area from people wanting to rent a similar ...
Having $100k and asking "what would you do" is too broad...So, maybe it would help to know what I have done so far and where I am financially.Currently have two businesses.Assets-Business 1. 11 units composed of (1 SF...
It was a trailer. A 1966 New Moon mobile home with vinyl floors, pink appliances and tacky brown walls. Upside? GREAT lake views in an area I knew well and was passionate about. Paid $46K cash. It was my first real es...
Real estate investors who are used to the fix and flip game often have a hard time wrapping their head around why non performing notes are something that they should spend some time looking into for their real estate ...
Hey guys,I am a recent college grad who has spent way too much of my hard earned cash on rent already and I am hoping to get into real estate investing with my first purchase. My question is: Does anyone have experien...
So I believe it's well known that when you're starting out in REI you should start out doing everything as a private person, not a business. For one, your appraisals use an entirely different method which can definite...
Investment Info:
Single-family residence buy & hold investment in Joshua Tree.
Purchase price: $175,000
Cash invested: $50,000
We purchased this 1955 2bd/2ba home on 5 acres in Joshua Tree, CA in...
Switching strategy from fix-and-flip to BRRRR this year. I'm trying to understand some of the intricacies that separates the two. This is my understanding of a successful approach to scaling BRRRR. 1.) Purchase proper...
Good day, BiggerPockets Family,
I have a question for all the experienced people in this forum about how you guys started learning about the Real Estate industry upon starting for the first few months. I'm current...