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Results (2360)
Alex Yee Process in buying 2nd property right after the first & qualifying for loans
10 July 2023 | 11 replies

Hi folks! This is my first post on BP (yay!) I appreciate all the advice on this platform and love being a part of this community.I just came back from Las Vegas where I was looking for my first investment property. I...

Parker Grissom What to do with a sizeable inheritance?
3 September 2017 | 29 replies

Hello BP Family, My name is Parker Grissom and I new to BP. First, just a little back ground on me before we dive in. My brother and I lost our Mom to cancer in October of 2014. Our Mom was an amazing person. We could...

Nawab I. Need advice on hassle free rental investment
15 October 2023 | 26 replies

Hi thereWhile I have lived on the Westcoast for a good part of my life, I am out of US for past few years. Recently I discovered cheaper houses in Pittsburgh (compared to the west coast cities), and I am thinking to p...

Jason Thomas Worst tax consequence of Rental Sale
9 May 2016 | 32 replies

Ive been trying to confirm the tax consequence of selling my rental unit and am so far astounded at the negative tax implications ive found.  I purchased this unit in 2001 for $400k and converted it to a rental in 200...

Mark Updegraff The Marcellus Shale Money
7 July 2015 | 20 replies

It seems to me that the public at large as well as investors are unaware of the BOOM that is happening due to gas exploration! I think that everyone will agree that in our field we keep our eyes and minds open at all...

Matt Nettles Turnkey or value add?
24 October 2019 | 42 replies

I am still somewhat new to the MF world..I’ve been presented an opportunity to purchase a built in 2000 well established 28 unit complex with 100% occupancy, waiting list, the whole 9 yards... however there is a small...

Terry N. Sell or keep out of state rentals? MI and NC. THanks!
10 February 2015 | 37 replies

I own two rentals, one in Grand Rapids, MI and one in Raleigh, NC, but live in NY.  The GR home is a 1920's home valued at approx. $130k,  I owe $100K.  Lease is $1,100 a month.   I make about $100 a month.  Lease exp...

Damian Gaitan Reviews on Tax Sale academy?
21 December 2023 | 30 replies

Hello All - just curious to see if any one has any feedback on Mr. Casey Denman's course on his "Tax Sale Academy" website? Is it worthwhile? https://taxsaleacademy.com/Thanks

Ryan Smith Professional Management on a Short-Term Rental?
18 January 2018 | 31 replies

Hey Folks, I'm sure the answer varies by market and experience, but I wanted to see what advice some of you may have when considering professional management and STR. Here is the situation: I am purchasing a 2BR/2BA c...

Account Closed Taxing a flip as a rental by leasing the unit prior to sell?
23 September 2018 | 22 replies

At what point is it determined, in the eyes of the IRS, how to tax a flip? For example, if we buy a property with or without the intent of renting it out, and after rehab we place a tenant in the unit, can we sell it ...