Hi all,I just purchased a property in Gloucester City; its a duplex with one unit rented, and another vacant. I've been trying to get tenants in with not much luck so far, and I had one prospective tenant say that my ...
My wife's client looks to clear about 500 K after selling her 4unit property. What's her best option to avoid heavy capital gains? An annuity? She's buying another home moving to TX. MY
Hello,I am in VERY early stages of possibly being able to buy a portfolio of properties from a local investor who is well into retirement and might be ready to bow out. For simplification, Ill use round numbers. I wan...
Hi all! Title says most of it, my realtor has a relative with a duplex with burn damage in Oregon in the area I'm looking to buy my first househack. Burn damage in the attic was from a past tenant and their BBQ grease...
In the middle of my first 1031. Of course my 1031 exchanger referred to their attorneys when I asked these questions. Yes, I will of course ask my tax professional as well. I am just curious to hear what other 1031...
Listed a finished project and received 4 contacts on the house in the first 2 days. 3 were FHA and one was conventional financing. I was reluctant to go with any of the FHA due to their appraisals tending to come in ...
I had a tenant ask me if I would build a garage at my rental house. I informed them that although it would be nice, it would simply be too big of an investment and would take too long to recoup my costs. Later they a...
Hi BP Community,I'd like to survey the forums on the best use of a year's worth of rent paid by a great tenant upfront on a personal residence that is just in the 1st year of a 30 year conventional. Leave it in the b...
Hey guys, first off I want to thank everyone for all of their help. I am looking to move forward on my first buy and hold property because of all the things I have learned from this website. I have convinced a sell...
Hello BP!Recently, the city inspector’s office where we own a rental in Michigan contacted me and informed me that “a concerned citizen” complained about the condition of the front porch of the rental.It is easy to as...