Casey Murray
Sale of Primary Residence With over $500K in Gain
Hi BP,I have a question when you have over $500K in gain when selling your primary residence. Let's assume the big concern are the tax implications since the projected gain before the exclusion is $1.2M; see projected...
John Choe
How to structure an offer to buyer that doesn't want to pay tax
I have a property that I'm in negotiations with the owner. He bought the place several years ago for $500K and has an additional $150k HELOC on it that may or may not have a balance. I have an offer on the table for...
Mike Grudzien
Need recommendations for remote property management for STRs.
Hey BiggerPockets STR community, I have been working for Airbnb for 3 years now as an Airbnb SuperHost Ambassador (independent contractor). Airbnb connects me with new Hosts (or I get my own organic leads) and take ...
Chris Sweeney
Converting a Spare Bedroom into Office Space
Hello Everyone,I have a 4-plex that has a spare bedroom off of the second floor hallway. It's 104 square feet, bright with 2 windows, and has no rooms adjacent to it (only the hallway) so it's quiet. I'd love to be ab...
Joe S.
Being bombarded with people that sell old mobile homes.
Being bombarded with people that want to sell old mobile homes. I spent a lot of time a number of years ago trying to put together some mobile home purchases that fell through. Since that time I have steered clear of ...
Franklin Marte
Paying off house to use HELOC for another home
I was talking to my dad about buying properties and the house we have now is with an FHA loan. I wanted to know if it’d be a good idea to pay off the house which is about $130,000 to then use a HELOC to buy another ho...
Luke J Nelsen
YOUR PORTER ACQUIRED BY GUESTY-THOUGHTS?
Today, Guesty has announced its acquisition of Your Porter(see link below for announcement). As always, they say that nothing will change. I am literally just starting out in the STR game. We close on a Smoky Mountain...
Dominic Balconi
Monthly Cashflow Expectations Per Unit?
Hey, I have recently turned 20, and am still completely broke, unfortunately, but am slowly but surely putting myself in a position to invest in residential real estate. I have run over 100 practice deal analyses here...
Jason Schmidt
US Credit Rating Downgraded: When will we see interest rates go up?
we were actually considering buying a house in the next few days and then I hear this on the news tonight. Are we not going to be able to get the good interest rates that we have been having recently? Or, when would...
Alexander Bustos
Any land investors?? in DFW?
Lately I have been running into leads that are just a 1 acre lot and there looking to sell it. If there is anyone who is interested in investing in land and knows the ins and outs of it for the DFW metroplex let me...