Michael Dunbar
Retired- Will I qualify as a real estate professional in 2022?
I retired from my current career at the end of 2021 and will be managing 2 of my rental properties 100% while having a company managing a third rental out of state. My wife still works full time. Between the two prope...
Al Skerrett
1031 Exchange - Investment property in other countries
I figured I'd check with the pros on this one... Can you do a 1031 exchange when selling here in the states and buying in the Bahamas? Exploring all my options these days with the rising prices here in the states... A...
Michaelina Stathakos
Who can help figure out my Borrowing Power
Hello Biggerpockets Community, I need your advice...who can I go to to help me figure out my 'borrowing power'? We have 2 small multifamily properties each with small mortgages and generating good income. Plus our own...
Chandra Faulk
1031 exchange-can I exchange 2 houses for the sale of 1?
If I sell a property for a certain amount, do I have to buy another property that is similar in price? Or can I buy 2 properties? For example, if a sell a property for 130K, but want to buy another for 65K, can I use ...
Jana Gruttner
1st time wholesaler
I am just in the beginning talks with a motivated seller. He is 2 years behind on his mortgage. He has not been issued a foreclosure notice. From what he told me, the bank is willing to do a short sale and he woul...
Tony Gatto
sub to with pretty good spread
Hey guys... been offered a sub to and looking for some ideas.arv is 85 or so52k mortrepairs will be about 5kRentals are about 900 per monthLots of exit strategies, so thats not what i am looking for in the thread. I w...
Katlynn Teague
Advertisement 2-1 Buydowns
Good morning BP,Last week, my boyfriend and I were driving down the road and saw multiple signs advertising for 2-1 buydowns....I know this program started at the very beginning of the 2008 market crash. I am not here...
David Weskamp
1031 Struggle-Need some Advice
Hello BP Team,
I am struggling to work through a potential 1031 that I thought was a no brainier. I have been hearing this 1031 term for 20 years and thought it was such a great tool. I'm not sure that a 1031 exchan...
Jose Ruvalcaba
Multifamily home investment
Want to invest in a multifamily home. Have enough to pay cash for triplex but interested in investing on a 4 unit complex. What do you recommend? Triplex $415k. Apartment $750k. Which one would you buy? Rent is close ...
Trevor Morris
Capital Gains Scenario - Looking for advice
New to BP forums and looking forward to start making connections!I have a scenario that I am looking for some tax EXPERT guidance on what the rules are for capital gains on a co-owned property, and best way for this t...