Allen Wu
HELOC trigger and then use funds to buy another. Good idea?
BP Family,I’m thinking about taking a 100k heloc on my investment property (it’s a condo). Interested to learn how others have used this approach to use the funds to buy another property. What is your approach or fram...
Daniel F. Harb
Pull Trigger & Buy my OOS Property? Continue Investing in Index?
Love to get input from all BP members. I am just about at my goal of saving 100K (4 weeks away!) before I pull the trigger and buy an OOS rental property. That is the plan, to start building up my RE rental portfolio....
Robert DeForge
Pulled the trigger on a SFR in KCMO. Need PM recommendations.
Hey BPers!We finally pulled the trigger on a clean little place north of the river. Heading out on Sunday to meet the property inspector, check things out and look for KC house #2 in the north lands.We're in need of s...
Cliff T.
I'm about to pull the trigger on my first investment property
Hello all and thanks in advance for your thoughts, help, time and consideration!I'm book smart, going on street smart... Here's an incomplete of the books I have tackled this year (which also marks the beginning of my...
Snehann Kapnadak
Pulled the Trigger & Bought My 1st Kansas City Turnkey Property!
Hi Everyone,Hope you're all ready for the upcoming week! I JUST closed on my first turnkey property in Kansas City, MO and I'm SUPER EXCITED!! I figured I'd document my purchase, to hopefully help newer investors lear...
WILLIAM ALLEN
MIAMI CONDO DEAL IS SWEET BUT SHOULD I PULL THE TRIGGER?
I need your advice BiggerPockets! We just received a Miami Fl. deal on a seaside apartment & condo combination. Which is selling for 17-million, while producing an NOI of $ 798,798,550 a year. Which has caused ...
Tomas Calvino
How to transfer title to LLC without triggering due-on-sale
So I know that I need to put my properties under my LLC instead of my personal name. And I hear that when you quitclaim the deed, the mortgage company rarely calls the due on sale clause as long as they are receiving ...
Zev Dobuler
Does the purchase of a property trigger an updated tax assessment
I’m looking at properties in Rochester NY that I’m considering purchasing at 25% above their current assessed value. Should I use in my projections the current property tax amount or should I assume that since I’m pur...
Brian V.
When does buy, rent, and then sell trigger self employment taxes?
It is my understanding that if I buy a property and rent it out, that I do not owe self employment taxes. Now lets say that in 1 year, I sell the house and buy another one (or two) and rent it out for a year. The inco...
Peter Bui
Is finder fee or assignment fee would trigger a UBTI tax?
Hello everyone,I am just starting out with the Wholesale Real Estate process and appreciate any advise on this topic so that I have a clear understanding about the DOs and DONt in RE Investing with SDIRA.Is finder fee...