If a father and son purchase a condominium together and the son lives in the residence and actively pays the father rent (father has invested more in the property than the son), is this property eligible for a 1031 ex...
Just a general question to see what everyone thinks…What would be your choice for heating a rental property? I feel like central air is a great investment just for the sake of ease of use for a tenant. It also gives u...
Im new to the real estate investment market and caught wind of bigger pockets via youtube. I am thinking of purchasing the pro membership however i was wondering if the software's that are provided are compatible with...
I bought a 3 flat in December of 2012. I have lived in it since that date. I am looking to sell my place at a profit of ~$150,000. I technically will have had it as my primary residence in 2013 & 2014, but it h...
I have a rental that I lived in for two years. It has been a rental the last two years and I plan to sell it soon in order to take the capital gains tax exempt. However, I would like to keep it if possible. I have ...
Details
Condo purchased in November 2010 and occupied as primary residence as follows:
Purchase price 143K, current value 380K
Owner occupied = 3.6 years (November 2010 - June 2014)
Rented out = 4.7 years (July ...
Hey BP community, I am a newbie to the real estate community. The wife and I are looking to find our first home to begin investing into. Being A/D military it is a bit tough to maintain homes when we move every 2 year...
Hey I am looking to buy my first home. Live in it for a year. Then move out and try to buy another home and rent the first one home. I see a lot of homes on HUD.com that would be good for me. Can I buy those homes as ...
Hi BPers,II have drummed up a Purchase Option Agreement, and was wondering if anyone would like to review it. It is obviously okay to edit/ tweak and use as you see fit. If you are interested and have an email availab...
I had a pretty good year, last year flipping houses, but all my deals came from my website and my own advertising. As of late I have seen a couple of houses on the MLS that I want to make offers on, so I reached out t...