Anna Johnson
District of Columbia landlords
Hello my fellow RE investors and landlord. I would like to hear your thoughts on whether it makes sense or not to form LLC to rent out my basement on air BnB occasionally. I'm located in DC and planning to obtain a li...
Eli Diaz
What does Invest-Friendly Agent Actually Mean
Hello all,As i do my research, i continuously hear the importance of building a team around you. And i definitely see the importance. Part of the team, and maybe the biggest part, is the real estate agent. Throughout ...
Howei Yeh
1031 exchange + 121 and a Big Boot
In this case study, I am seeking to downsize a rental through a 1031 exchange combined with a 121 exclusion and take a big boot. For context, the house will sell for about $1.6 million and was purchased for $600k. I...
Enrique Villarreal
Does sold equity in a property count as income!
AllI’m considering selling interest my primary residence to a partner in exchange for X% equity. I plan on moving out of the house at the same time and using the money as a down payment on my next primary. Would this...
Malachi Chapman
sell one house and buy two?
Hello there,I am a Primary residence homeowner here in DFW. My home was purchased for $199K in 2019, now almost 4 years later the house is worth 300K market price. We would receive about 125k in equity if we were to s...
Jake Waslaski
Should I sell the property under 1031 or not?
Okay I have a little over 200k in equity on my first rental house. I plan to use the equity to jump into a larger complex. I have looked up and studied 1031 exchanges for a while now knowing I’ll be selling when th...
William Nohmor
Need help figuring electrical pricing in Boston
I am looking to get a sanity check on the prices of some electrical work for a 3 family house in Boston. First, I need to completely rewire 2 of the apartments. They are 3 bedroom 1100 square feet apartments with a ...
Account Closed
Evict vs collections?
Hi everyone! We have two properties in IN. In one property, the tenant wasn’t paying rent and upon inspection by the PM, the property had significant damage, so we asked them to move out and their account was put int...
Vilena G.
Should I move into the my current flip?
Hi Biggerpockets family!We are remodeling a flip, it's a big project and with all this virus going around doing a lot of job at the house ourself. We need at least 2-3 months to finish the house, and my lease at the p...
Aaron Tarnow
Valuation of a property management company the manages 2nd homes?
I am looking at purchasing a property management company the exclusively manages 2nd homes. They perform weekly home inspections for a base rate, then have add-on fees for additional services. The seller of the com...