Matthew Foldesi
New member from Tacoma / South Sound Washington
Hello to members of BP. I am finding this to be a very informative and helpful website and community.Thank you all.I am in the process of building my team of professionals but find myself struggling to find reliable g...
Braner Dantas
Owner's Financing for a small RV lot
Hello all, I have a small RV lot near Orlando, FL that someone wants to buy. The deal is 7K as a down payment and he is asking for the remaining 11K to be owner's financing. I am willing to do it because I actually wa...
Bharat Panuganti
Question about cap gains exemption
If we resided in a property for 20 months in the last 5 years, does the IRS consider a "partial" capital gains tax exemption? Or is it a binary designation?
Marty Happle
Title Insurance
I bought a house cash to flip on April 17.
On the HUD I have this for title
1101 Titles Services and Lenders Title Insurance $750
1103 Owners Title Insurance ...
Danielle Davis
Cost Segregation to Reduce High Taxable Income
My husband and I are both doctors and have high six figure income from our practices. However, most of our income comes from managing other doctors working for us rather than us personally working clinically in our of...
Nate Marshall
More Efficient, Effective and Ethical Wholesaling
1. Executive Summary:
Briefly introduce your real estate wholesaling business, emphasizing its unique approach.Highlight the use of Earnest Money Deposit (EMD) loans and efficient double closing strategies.
2. Busin...
JP Krueger
Sell as 2 family or condo conversion
Hi, I own a 2 family in East Boston. It pretty much needs to be gutted on the inside(except one unit was recently partially redone) and needs everything on the exterior as well. I need the cash so I am looking into ...
Glenn English
Should I spend the money on upgrading heat and a/c?
Just bought my first investment single family in Mass. It's a 1600 sq ft single family built in 1900. It has a steam boiler fueled by oil. Big radiators around the house so ideally I'd like to get rid of those, but...
Jonathan Marsh
Should I pull out of this deal and lose escrow money?
About 6 months or so ago found a new development being built in Buda. Decided to lock in one of these homes with 20% to use as an investment property. I wouldn’t have been cash flowing and would likely be losing $200/...
Dom Nico
Prioritizing projects as first-timer?
Hi, all! I have 3 potential projects that I've been researching and planning to get underway within the next 6-12 months:A) Renovation of historical single-family home. Current value ~$80k (still has mortgage of $40k)...