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Taxes implications for buyers and seller on Seller finance deals!?I’m working on a seller finance deal and have some questions on Taxes.Seller: Family member Seller’s Purchase price in 2009: $180,000Property owned fre...
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Hello all. I’m fairly new to the BP community. I am 21 years old and wanting to begin real estate investing and building up my portfolio as soon as possible though. I have not yet made a deal yet but have been searchi...
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Hello, I purchased a triplex back in July and just signed a 6 month contract with the management company that was currently managing the property. Up until now they have been collecting the rent every month and transf...
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Good afternoon everyone,
it is such an amazing day to be alive! I just started reading David Greene's book The BRRRR Rental Property Investment Strategy Made Simple, and I came across a thought that I am sure will b...
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I am looking for advice on a potential first time investment property. I am located in the Los Angeles, CA area.
The property that I am looking at is a duplex (zoned for three units - third unit could be built in the...
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I've read "Short Term Rental, Long Term Wealth" and the direction is to use STR-specific data companies such as AirDna, but to focus more on the aggregate area data instead of individual property data. The other thing...
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Has anyone ever filed a FOIA request with a municipality to find out if the title on a property is insurable?I overheard someone at the title company the other day talking about filing a FOIA to find out if a particul...
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My Husband and I have recently moved into a one bedroom apartment on the ground floor of our Landlords home. After only being her tenant for 7 days she informed us that she is selling her home. We were officially serv...
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Cash accounting when do you post yours? It won't record at the bank on Saturday not a business day thinking to post on Tuesday when business is conducted. Can probably go either year so whichever works best the way to...
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Team,
I'm not sure how to ask this in one concise question so I may potentially have several follow up questions based on responses.
Considering I have $20k-$30k to start investing in real estate. The goal is to inv...