Hey Everyone!I'm closing on my first property that I will be house hacking with. I'm in a condo with a buddy paying me rent. I will have a $220k 30-year fixed rate mortgage at 4.875%. Using amortization calculators I ...
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I'm trying to find out the tax implications of a seller finance I'm considering. We just bought a home a few weeks using primarily 1031 money from a home we just sold. We bought this home as a rental but found out tha...
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Ive spent the last 2 years gaining as much knowledge as possible about Real Estate. Ive worked as a Mortgage Loan Officer for a few years, an Insurance Agent for quite sometime, I also have about 15 years of construct...
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Hello Everyone,I started investing in single family a little over a year ago. I'm now wanting to purchase a small multi-family property of maybe 8 or so units. The property manager I use for single family has said the...
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When looking at rental comps what features/amenities have value when setting rent?garage vs carport? pool access? tennis courts? schools? interior/exterior upgrades (granite, deck, sunroom)? neighborhood location t...
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I'm not sure if this is the right place to put this question but here goes. I am about to open a series LLC in Texas. If I have LLC's in other states, can I merge them into the Texas series LLC? If not that won't real...
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Good morning. I am trying to work out how a 1031 exchange would work when things are in different spouses' names. My wife and I have a CPA and 1031 Intermediary involved here, but they are both on vacation for the nex...
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Starting out in real estate and I don't know what I'm doing. What is the process of buying a multifamily property?
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Hi BP Community in Canada,I am currently residing in Brampton and in my second primary residence (moved from a stacked town to a town). I wanted to ask what strategies you may have used to move up in your primary resi...
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We are getting ready to purchase our first investment property, a single family house to rent, using a self-directed Solo 401 K.
At first I was leaning toward having checkbook control, but the cost for a c...