Hi All,My husband and I have done a couple of "slow flips" in our personal names in order to take advantage of the capital gains exemption. We are now considering buying property in Louisiana (with a promissory loan n...
Hi BP'ersI have a contract on a 12-unit apartment. Both buildings show evidence of dead termites. One of the buildings shows evidence of treatment for termites. The other shows evidence of damage to a partition wall i...
Just found out during a brief inspection a home we put a offer in for has termites. Nice duplex but very disheartening. If me and my wife go through with everything it would be our 1st home. We just aren't sure what t...
I am looking at buying a condo. I am 100% behind buying it based on the walkthrough/numbers, but I just found out it is currently being treated for roaches. Even if the exterminator treats the property for roaches, ca...
Hello everyone- My current tenant’s lease is up soon and she is wanting to renew for another year. The only advantage of extending the lease is the tenant has paid on time every month. In fact, she pays early. As a pr...
Anyone know of any lenders that don’t require 2yrs of work history? I’ve considered an FHA but that’s very limiting being I’d have to live there. I have a job but I know I can get into REI much faster with the right c...
Hey Bigger Pockets,
Im wondering if anyone on here has had any experience with sober living houses or half way houses? I have been considering the idea and currently working on a large 3 story duplex in a decent neig...
I am having a problem with a tenant who claims that there is a musky smell and too much humidity. What is the best way to insure that the rental is safe and keeps a good humidity level? Do I get an air quality test ...
Hey BP community, I’m trying not to lose my mind here. We had tenants for 3 years move out recently in Virginia. The place was really gross- mouse droppings, damaged and moldy drywall, a broken window, termite dam...
Hello All!
What are your thoughts on holding flips for just over a year to be able to take advantage of the capital gains tax (vs selling in under a year and being taxed at your ordinary income rate)?
Many people h...