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Hi BP,So I know that the jist of the 1041 exchange is that you can keep deferring your capital gains tax when selling properties and buying new ones. I also know I've heard that if you live in a property for 2 of the ...
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Hi Everyone,Situation: Right now I am working in the San Fernando Valley (just north of Los Angeles) and living in Santa Clarita Valley (just north of San Fernando Valley). I own a 2b2b condo in Santa Clarita which I ...
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I live in CA and have owned several rentals in central PA for four years. It's in an area that is known to cash flow, but not appreciate due to a declining population. I've been thinking about selling a rental or two ...
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I have a rental property in Crestview Fl that cash flows 247 after property management fees. I pay for monthly yard work and a home warranty for peace of mind, which drives my bottom line down 150 bucks. So, my total...
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Hello all,
I've been sandbagging a bit, but I thought I might jump in with a question for starting out. Bit about myself- I've been interested in real estate for a long while but I've been focusing on my "day job". ...
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I own a duplex in Philadelphia and my tenant downstairs calls to tell me that they have a mice problem--they can hear them in the walls and catch them in the kitchen and basement. I have been inside of their unit seve...
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Hey BP,So you may have seen some of my other posts on here recently but I'm currently close to a deal with my current landlord to purchase my single-family house in the Southside of Pittsburgh. This is an extremely s...
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Greetings all!My wife and I purchased our first home in Tucson, AZ June 2023. We have no intentions of ever selling, but would like your advice on how we can begin to consider possible exit strategies. The home was pu...
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Hellow fellow BP's I have a question about numbers. I need to know how to guage whether an acquisition is worth the purchase or not. I want to get used to scrolling through the MLS and do then numbers in my head based...
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So I have noticed many go to "guru " meetings, spend 1ks and 1ks , research things to death, ( wast of time ) have cash but never do a deal, why ?