I'm currently rough planning to purchase foreclosures on the courthouse steps (up to around 4 per year) with the desire to fix and flipping them within a 90-120 day window (notice I didn't say intent there). The plan ...

I am meeting with a motivated seller tomorrow evening who has missed "one or two mortgage payments" but is not yet technically in foreclosure. He owes 30K on the note and wants me to purchase the home  from him for so...

Hi BP Family!
We are close to purchasing a Fix N' Flip property with the numbers below. The "All-In Cost" works well with our ARV but I am wanting to make sure I am not missing anything that could make the costs go u...

I have recently rehabbed a Property. I Purchased the property under my personal name. It is now on the market so I would like to sell it and do a 1031 exchange under my LLC name. Can this be done? Any suggestions woul...

Just a little back story.My wife and I have our first rental property ready to rent. We planned on renting until August of 2019 as then we will have had the house for 2 years. We plan to sell due to the local market f...

I just purchased my first investment property 2 1/2 months ago in San Diego on a personal loan with the intention of living in it for 1-2 years, and then renting it out. Everything was going to plan until I received ...

just flipped my first homr and neted about 30k

if i now use this money to conver my current home to 2 family. would that work as 1031 exchange ?

Hey All! My friend is interested in doing a 1031 exchange with an investment property. Both him and his wife currently own the property in their personal names and plan to maintain that ownership structure when sellin...

Does anyone here have a sample of a letter they send to vacant properties, FSBO properties etc?

I am having a hard time finding examples on the net to structure my own document.

Thank you for your help.

Gerald

How long do I have to own a property before I sell it and the proceeds are subject to capital gains taxes vs. ordinary income? I believe it's one year.. but is that a calendar year (i.e. 1/1 - 12/31) or just 365 days?...