My wife and I are looking to do a 1031 exchange on a property we have in escrow. We stand to net approximately $1.5M in profit, and we are looking to roll it into a long term investment. Ideally, we would like to ...
So after reading BP for quite a while and studying up on the various ways I could start investing, I finally took the plunge with my Roth IRA. Here’s how I got my start and how it’s elevating me to the next level and...
I'm in the military stationed overseas but will be headed back stateside in August. I've been doing a TON of reading about REI and I think it's the route I want to go while still working full-time. My plan is to use m...
I'm working on my investment spreadsheet and have been doing some reading on the topic of Cap Ex. Some people use a number like 10% of the income, but many suggest itemizing your expenses over their lifespan is the mo...
Just recently got onto Bigger pockets looking for real estate investment. I am a physician, 59, and recently got out of financial debt associated with divorce and custody issues and am in a much better position at thi...
Hi,I recently bought a new mobile home park, my CPA tells me that the non-land portion (road, pipes, water plant, good will) should be depreciated over 28 year. My CPA has never done tax on MHP before.I did a search ...
I have a tenant who I found had recently acquired a dog without asking (this is the third time). I agreed to allow the German Shepherd with a $200.00 pet deposit which she partially paid. I was then given a letter ...
We're selling a few houses in Memphis, and we have interest (letter of intent), on one house that's requesting, "Seller Finance". They're offering a few thousand more than asking and will also pay agent fees. Our agen...
Has anyone had any experience with this company? Curious to know how it's going and if it's a good alternative to selling my properties or trying to do a 1031 down the road.
I would like to hear from investors who started in 06-07. Are you guys out there? What did you do in terms of investment strategies that protected you from the recession?