Hi All, I'm curious to get members opinions on how much of your net worth is OK to have tied up in real estate? I recently completed my second deal which put a large amount of my net worth into the 2 properties I own...
I found an interesting deal for a lake home that could serve as a primary home with 2 apartments below. I’m considering purchase options.
Option 1 - I can sell my primary home and purchase the lake home.
Option 2 -...
Hello! I have been assisting my clients in purchasing homes for rent that have ADUs. We do this because their cash flow is good. This is hard to do in this market. The thing is that the utilities are always shared. So...
Hi,as far i was aware this whole time when you owner occupy your duplex one side and rent the other for 2yrs and you sell it within 5yr period there is no capitol gains tax. Is that statement true? I'm getting a lot o...
Hello,I would like to understand how the section 121 exclusion and 1031 exchange could be applied to a 3 bedroom condo that I own. I lived in the condo as a primary residence for two and a half years, so therefore qua...
I'm a huge proponent of asset allocation and diversification, and I was just wondering if anyone has ever read about Harry Browne's Permanent Portfolio which splits investments equally between stocks, cash, long-term ...
I am moving out of my current residence and plan on turning it into a rental. From what I can tell if I sell the house within 3 years after moving out, I will not have to pay capital gains tax. The rule is if you...
Hello Bigger pockets, I am a new long distance investor. I want to purchase David Greene's book "Long Distance Real Estate Investing". How would I write that off? Would I simply tell my accountant to expense it on one...
There is a turnkey vacation rental in Hawaii I am looking to buy. The home includes furniture and a passenger vehicle. The deal may require the vehicle+furnature be transacted outside escrow. Do I maximize the value ...
Hi allI am beginner and looking for my first deal. I have been listening to the BP podcasts and have downloaded a few spreadsheets to determine COC and Cap rates, but when i use the following criteria that i heard on ...