Henry Lazerow
Karma hits 1922 W Grace seller - $11,000 a month unit squitter
A little bit funny. This same seller https://therealdeal.com/chicago/2024/05/08/first-chicago-sel... who tried to be greedy by offering $0 co-op for buyers agents. They finally gave up and decided to rent out their ho...
Account Closed
Very First Investment Property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $222,000
Cash invested: $22,000
Contributors:
Vincent Crane
SFH with an unfinished basement that I ...
Brian W.
What potential breakables do you remove from a property prior to renting it?
This question and thread was born out of some very good advice concerning "eliminations" Scott W. and David Krulac gave in another thread.
What things do you "eliminate" or remove from a home before renting it in an ...
Celia Moore
1031 Exchange End Games for Investors
Real estate investors will not spend a lifetime deferring capital gains tax by taking advantage of the 1031 Exchange to simply throw in the towel at the end of their “active” investment life. Logically, investors will...
Christina N.
Non Grantor Trust/Foundation to limit capital gains on RE
After completing my taxes this year for my 2 rentals (just purchased last year), I have capitals gains that are affecting my taxes with my husband and our W2 jobs. We have a long term amd short term rental in a LLC in...
John Cushing
Meeting with a hml for the first time
So this Tuesday I'm meeting with a hml for the first time. I asked if we could meet so I could ask a couple of questions about the process. I have my little list of questions to ask but just in case I'm forgetting any...
Amber Straub
What would you do with $50,000!?
Hey guys my name is Amber and I’m new here to Bigger Pockets. I’m a new real estate investor who has successfully house hacked my first duplex in Naples Florida and I’m hungry for more.
I’m coming here to look for a...
Joseph Skoler
Tax question related to note purchase
I really need help making the best tax situation here.I bought a note (owner in my name) from a bank at a discount. For ease of analysis, lets say I paid $10,000 on a note with a balance due of $100,000.I then bought...
Troy Parker
A history of my first property purchase.
Chronology of my first property purchase.
November 2023 – Preapproved for 250k. Began scanning MLS everyday to find a deal (I am my own realtor and this is my first transaction).January 2024 – After searching deals d...
Andrew Barcello
Converting Existing Accessory / Garage into JADU + ADU Combo
I currently have one permitted detached accessory structure and detached garage on my property. Ideally, I would like to create a JADU + ADU combo unit, preferably by replacing the garage. I certainly have the room fo...