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I could really use the knowledge of experienced investors here.I live in San Antonio, TX. I have yet to invest in the real estate market (I'm a newbie who hasn't gotten their feet wet yet) and have so far been doing s...
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Hello everyone,I put an offer on a property that I plan on living in and then fixing it into a short term rental.Asking price was 179,900. I offered 170,000. Seller countered with 175,000. Are we in the market to ask ...
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We just finished a flip that is listed on the MLS. We decided to also offer it as a Lease with a 3-year option to buy. Having never done one of these, can I get some feedback on how we structured the option and pose...
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I’m weighing options on whether or not I want to refinance my primary residence. I am in no rush necessarily to pay off my home, so we can leave the debt free vs not debate for another thread. I am also only interes...
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I`m buying an REO with transactional funds and doing a double closing to flip it immediately.I`m buying for $43k total,reselling for $82k.Now the transactional funds are paid back pretty much at the end of the double ...
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So i am hearing from a CPA that because my wife and I make over 150k per year, that I cant really take advantage of tax losses from my rental property. I can carry them forward, but it doesn't reduce my actual gross i...
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Help:
Trying to reduce Capital Gains exposure!!!!!!!!!
I purchased a Townhome condo in a Beach resort in 2001. It was never rented. I have been living full time in this property for more than 2 years-my wife ...
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Hello to all. First, a little background............I live in ID and this past Jan (2017) I sold an income rental property that was located in NV. I originally bought the house in Oct.2008 and paid cash ($98k), in ful...
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Hey BP! I'm actively looking for my first investment property, ideally a STR. I already got pre approved for a conventional loan but I don't want to spend the majority of my cash savings on a down payment. What are th...
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Labor shortages and increasing material costs are increasing construction costs for fix-and-flip investors. To manage these rises, you can adopt a few key strategies to control expenses and maintain profitability:Accu...