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Alright, so at the end of July my current lease for my apartment, that I am currently sharing with my girlfriend, ends. I have recently bought a 4 unit apartment building, so I am not entirely new to the real estate b...
Hey guys. I'm having a hard time deciding what my next step is. I currently have 7 sfh rentals. My houses are 2 bed, 1 bath. Around 7-800 sq ft. Typically rent anywhere from 6-700 or so. I try to purchase my houses ...
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Hi BP members; Formed an LLC registered in Colorado (state of residence) using self directed IRA (wife & I) in 2016. Finally purchased a residential single family home in Tucson, Arizona July 2019 using 50% mortga...
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Hello everyone,I'm hoping to buy my first property which would be a 5 unit townhouse style. -Monthly rent income of $2,895-No major repairs needed-Tenant pays everything except water-Garbage payment included in water ...
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Good Afternoon,My wife and I made some good money on the appreciation of our existing home and we want to buy and invest in a new home. Here is my current situation:Mortgage Amount: $370,000Home Value - $650,000HELOC...
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Tax issue. I have a property I paid cash for years ago, say 100K. I have a buyer now at 200k. Am I only concerned with deferring tax on the 100k profit. I was told that in a 1031 closing, they escrow all the money w...
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Hi every one, I have the opportunity to make an offer on a bankruptcy case. There are multiple offers on it at this time so my question is, what should I offer if the asking price is 300k and the property is not in ba...
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Hello everyone,I hope this post finds you all are well. I have some road blocks that I thought maybe one or many of you all could help clear up for me. As a new investor tired of paying someone else's mortgage my lea...
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So here’s my situation. I’m 2 years out of school. last year I made 52k and this year I’m on pace to make about 70k. I’m in a field where Income can fluctuate month to month but I am pretty good at saving in advance. ...
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Hello BP Collective! I just looked into getting a HELOC on a primary residence that we just purchased in January. To my surprise we got approved. My initial goal is to pay off a family member that loaned us $50k to ...