Angad G.
How does the NYC rental market work?
Hi guys! So I recently obtained my NY Sales Person License and am in the process of looking for a broker to sponsor my license. I know that it is customary for a new sales person to start their career of with rentals....
Jonah Hartsburg
Homeowner’s Insurance With Roof Exclusion?
BP nation,I received a letter from my insurer on one of my rentals saying they will discontinue coverage unless I replace the roof on this home. I just had the roof inspected and confirmed there are no signs of active...
Roger R.
Dealing with a game playing buyer
What does everyone think? I have a buyer in talks with me about purchasing my place in nyc. The buyer is a one of the larger landlords in Manhattan. I found the buyer on my own and they started in a rush. Now all ...
Karolina Powell
Landlord policy doesn't cover animals - implications on ESAs
I have a commercial Landlord's policy through Berkshire Hathaway Homestate Companies. It specifically has an exclusion for anything that happens as a result of animals. I'm trying to figure out if I can get some sor...
Account Closed
1031 a multifamily u live/d in?
I just recalled that when in NYC i needed(?) to use an attorney to close on my long-term multifam flip (usually at 2 yrs owned/lived in) and usually the first words out of lawyers mouth was 'why don't u do a 1031 even...
Fausto Carosella
Primary Residence exemption and/or 1031 Exchange
Hey All,My parents are going to sell their primary residence they've lived in since 1984 in a suburb of Boston. It's a triplex. For the sake of simplicity I'm going to round the numbers. They bought it for 100,000 and...
Darla Holtzclaw
1031 Exchange Scenario - Purchase a Duplex Live in one side?
Hi Folks,I'm afraid that I'm going to be paying some Cap gains this year on a property I've had rented for a few years. I used to live there, but I have rented it for too long. Would it be possible to 1031 and purch...
Byron Scott
First time home buyer HUD homes
Hey I am looking to buy my first home. Live in it for a year. Then move out and try to buy another home and rent the first one home. I see a lot of homes on HUD.com that would be good for me. Can I buy those homes as ...
Raquel D.
Capital gains tax exemption for residence if recently married
My primary residence is worth almost 3x as much as what I paid for it in 2013. I'm planning on selling in 2018 for a number of reasons, but the increase is going to leave me with a gain of around $300k. I'm not mar...
Kevin Izquierdo
Rich Dad Poor Dad workshop?
Has anyone been to a Rich Dad Poor Dad workshop? Is it one of those up Real Estate Guru Upsale traps that Brandon always talks about?