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I upgraded to Pro couple weeks ago. I'm a wannabe investor, and about to sign up for an online course to get my real estate license in New York — I live in Manhattan. I've been lurking on this forum for awhile trying ...
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Hello BP,
My wife and I are flipping our first house. The house is in the name is a LLC. The buyer mortgage company is requesting us to provide them the operating agreement of the LLC. I can understand if this requ...
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Hello BP! I am excited to start my RE journey and hope to purchase my first property this year. I am currently renting in Charlottesville as I've just graduated from college, but looking to house hack and purchase a d...
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Is there an approximate dollar amount of gain that makes a 1031 exchange worth the hassle? Is there an amount where I should just pay the tax? Another amount where there might be this gray area? Another higher amount ...
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Hello fellow investors. I had a question. I am selling an investment property and wanted to understand capital gains correctly. When I purchased the property I put down 25% downpayment of my own money + closing costs....
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I am an attorney and looking to get my broker's license because in my state I can sit for the exam without having to be a realtor for 3 years. I am getting it so that I can sell my home this summer, buy another primar...
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BP Fam -
I currently live in Southern California and I'm looking to invest in my first multifamily property. (Duplex, Triplex, or Fourplex) However, I'm looking for it to be out of state. Being in this area, I do no...
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I currently am researching my options on potentially selling 1 or maybe 2 of my 3 family properties and rolling them into a new/bigger multifamily. One of the deciding factors is will I have to pay 20%-25% in property...
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Hi everyone,I’m in the education part of learning about wholesaling. My question is this:If I find a distressed seller that is willing to sell, how do I know what the property is actually worth? How do I know what pri...
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I’m looking to sell my condo in Galveston so I posted on a FB group for Galveston. Someone has asked for the financials. Is it proper to send those? I have QB P&L for it but is it common to just give to anyone tha...