Stanley She
Why the deferred gain is so much less than the recognized gain
I bought a rental property 7 years ago for $198000. Last year, I sold it for $400000. For the sake of simple discussion, let me ignore all purchasing and selling costs. So, my gain is 202000. Within one month of the s...
Chris Seveney
Current Market Note Pricing
This month we have seen an incredible amount of potential deal flow come across our desk, but based on the bid results, a lot of trades are still not trading. We are seeing performing loans (Scratch and Dent) with a W...
Sattir Bitti
What happens to Passive activity loss on 1031 exchange?
Hi,When 1031 exchange is performed, what happens to the Passive Activity loss on original property? We have considerable PAL and good equity on the original property, wondering what happens to this loss after the exch...
Nathan Waters
Subject to, Contract for Deed, Wrap Around
I am closing on my first seller financed deal in about a week. It is a contract for deed. There is a current lien on the house that I will be paying to ensure its not missed. But my question is this:Whats the differen...
Ryan Webber
The Richest Man In Babylon
A couple weeks back I read The Richest Man In Babylon by George Clason, and I have to say it was an excellent book. It has become one of my favorite books about money management.
It doesn't necessarily communicate a...
Arthur Banks
Showing your appreciation...
"Showing your appreciation encourages mediocre tenants to be better, and excellent tenants to keep it up."Agree or Disagree?
Mike W.
Water Sewer Trash MUST be in owner name?!
Hey all! I have a few rentals in Boise area and the local W/S/T company mandate the utility bill be in the owners name. It has been a struggle getting the tenant to pay and is always behind on payment. He pays rent on...
Daniel E.
Affordable House Flip - What is a good carpet?
Have a ARV $100k house that needs carpet in the bedrooms. What is a good affordable option? Most of the BP posts focus on the rental strategy (i.e. go with vinyl plank for durability), however, we just need this one t...
Devon Marx
Triple-Net-Lease Financing
Hello! I've been looking through varies types of real estate investments and came across commercial properties with triple-net leases for sale. I'm curious how funding works for these types of properties. I've been pr...
Brad Bellstedt
Buying flooring (tile) in Las Vegas
Hello again BP!
My wife and I are remodeling a home here in Las Vegas and we're going to be changing out the carpet flooring for some wood-look tile. I'm surprised to see that there are TONS of flooring stores availa...