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Investment Info:
Single-family residence buy & hold investment in El Cerrito.
Purchase price: $327,000
Cash invested: $45,000
Sale price: $875,000
this deal opened my eyes to massive shift to...
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Somebody here must have a good lender! I am a Canadian citizen looking for a quality foreign national lender for either refinances or purchases. Properties are 150k or higher value and all are being held as either sho...
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Qualifying taxpayers can claim a subtraction on their Colorado income tax returns for certain qualifying capital gains included in their federal taxable income. The subtraction is allowed only for capital gains earned...
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Hi, I am about to buy the first property for rental, and came upon this condo that is in a flood zone. The price is reasonable but I am wondering if there is any potential cost as a result of flooding that I should be...
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Can anyone tell me what major mistakes a beginning real estate investor might make in addition to the calculations?If I get the flipping calcs done correctly (no pun intended), what else do I really need to pay attent...
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Hi all. I was looking in Montana State licensing requirements for becoming a Mortgage Loan Originator, or a Mortgage Broker. I am confused on how it is possible to get licensed, when it says you must have 3 years of e...
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Hello BP Folks,
I am working on my first house hacking deal. I was able to find property in my price range, skip an FHA and do conventional with 5% (I thought it was going to be 3.5% but then they said 5% because its...
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Hi BP, any architects in Illinois familiar with egress Windows installs? I’ve pasted a picture of a Richton park single family home below. i believe I’ll need to work with the city and cut the foundation. Window is cu...
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I’ve been co-hosting for Airbnb in NJ and the state has recently passed a law taxing Airbnb and short-term rentals. I want to make sure I’m doing everything by the books. I know that Airbnb collect these taxes and sen...
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Let's say I sell a rental property (Single fam) at a profit and decide to do a 1031 to another single fam. Let's say it checks out and it qualifies as a like kind exchange. I then decide to live in the house and it en...