Need some advice. I have the opportunity to purchase a four-plex in an 'A' area for $290k. The property needs $200k - $300k in renovation to make it rent ready (so in it for $500k - $600k). There are 2 (2bd/1ba) un...
Hello- We own a house that we have rented successfully in DC for 15 years. We did a cash-out refinance several years ago, but still have equity- value is 900K and we owe 280K (30 years loan) 20 years to go to pay off....
I'm excited to be part of this vibrant community, and I wanted to take a moment to introduce myself! I am CPA with a strong focus on the real estate industry. My passion lies in helping individuals and businesses navi...
Hi BP, I have the below scenario and would like your insight. What?: 5 Acre estate consisting of 4 lots and 2 houses. 100% paid off.Challenge: Severely delinquent property taxes on all property. Proposal: 60/40% (me 4...
I'm interested in doing a 1031 exchange, but the answers I've found online have been murky for my specific question:
I want to 1031 exchange my investment property in Ohio for a primary residence in California. Is th...
Hello BP community,I have a seller who has almost a third of an acre of land in a good neighborhood in Atlanta. New builds are in the process of getting permitted right now on the same street. I've never wholesaled la...
I have what I think is a fairly unique situation, but I'm hoping someone on the list may have experience with similar...I live in a house that I purchased in 2010. From 2010-2016, it was a rental property. It became m...
Hi,
My name is Kevin and I'm a newbie investor here in the Houston TX area! I look forward to connecting with local / fellow investors. Eager to start this journey!
Extremely new into flipping. I have finally secured a career ( insurance agency owner) that will allow me to have some free cash to throw into the market in St.louis. My goal is to flip a bunch of properties to get en...
I’m sure many of you have heard of a cost segregation study. It is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return...