I'll start out by saying I'm not trying to debate the merits of the "50% guideline." For various reasons, that guideline will not work for me. I don't know what is included/excluded in that value, and every time it is...
Considering setting up a (TX) Series LLC under my self-directed 401k trust. Has anyone done this? I set up a series LLC last year, to handle my rentals, where I am the sole member. I'm wondering if there are wrinkl...
I am looking at buying long term rentals in the Inkster, Michigan area and was wondering if anyone has or had experience in that market?
Hello BP community! My name is Gary. I'm from Hudson, MA and work in sales as an Account Mgr. at T-Mobile. I'm new to the REI world with a goal of focusing on and investing in buy and hold properties to generate mont...
I thinking about selling my house, We bought on Oct 15th for 324k and put 90k in it. We think we can sell for 500k. Is there a loophole for not paying capital gains tax. Does anybody have an idea what the tax would be?
Hi.
What a great site. I am glad I found it. My long term goal is to live of passive income in 10 to 15 years and be real estate a part of the mix. I have no active real estate experience yet but plan to chan...
Hello,I bought my house in April of 21 for 185k. It is now worth 250k in just a few short months. The house down the street from mine is the exact layout and just as nice as mine sold for 250k yesterday. Is there a wa...
I’m visiting Las Vegas this Wednesday to prospect for my first investment in the area. Would like a SFR, Condo, or small MFH that needs a cosmetic rehab, to make it a high end rental. Any advice on best neighborhoods...
I have a rental condo that has just been voted to be deconverted, so the building is being bought out. The closing will not take place for at least another 60 days since the new owners are doing their due diligence...
I am struggling to input the Hard money lender portion into the BP calculator. I plan on having the HM loan for 3 months. I am getting confused with the following1.when putting down the down payment option for the pur...