Chris Christianson
Another IRA question
I have a scenario I'd like to toss out there for the SDIRA experts on the IRS definition of "benefit". My girlfriend of 17 years and I were looking over some of her investment vehicles the other day. She has been corp...
Sri Munu
What breaks first - rentals or mortgages
I live in the Frisco area. Renting a house is about 30% cheaper in this area compared to buying at current interest rates. So it would be logical to assume more people will rent than buy. But then, rent itself is high...
Doug Hardy
$100k Startup Budget - What would you do?
Hey all, newbie here looking to bounce our plan off of the experienced community here at BP. (I'll be going Pro here soon)Quick about me - I have a full time job, which I intend to keep, and a small side business. Bot...
Steven Terrell
Acquiring our first couple of multis through house hacking and scaling up from there!
The average American household spends around 33% of its income on housing. In a high inflationary environment you have to get creative and find more ways to save and and offset your monthly living expenses. House hack...
Josh Dillingham
Legal or Illegal: High income requirements for multiple tenants.
In order to show a unit I require that a prospective tenant has a monthly income of 3x rent. But that leaves more room for error for a single tenant than for a family of 4. would it be discrimination based on familia...
Shon Butani
How do I analyze a Real Estate market?
Hi how's it going?Simple question with an extremely complicated answer, I can imagine. For example, I'm from Long Island, I'd like to invest in my first property somewhere in a 50 mile radius of my home. I have a budg...
Tony Hardy
Just closed an apartment building in Beverly and Elgin
I recently brokered a sale at 1566 Mark Avenue, an 8 unit apartment building in Elgin, IL. The sale price was $430,000 ($53,750 Per unit, 7.66 Cap Rate and a Gross Rent Multiplier of 13.04). The property sold for 93%...
Kyle Zaylor
"Long time listener, first time caller" from St. Louis
Hi All,
I've been a "long time listener, first time caller" on Bigger Pockets hailing from St. Louis and thought it'd be great to introduce myself and jump into the amazing conversations on the forum.
I'm new to rea...
Jonathan Steingraber
Real Estate Investor/Club Owner in New Jersey
Hi everyone! I invest in Union/Middlesex/Somerset Counties. I do mostly full gut renovations and recently I'm working on single family new builds. I am typically working on 5-8 rehabs at any given time. I'm currently...
Julian Dozortcev
is this considered a 1031 exchange
Hello All,If you purchase a home for a rehab sell it and then use those funds to purchase another rehab and continue going. Do you have to pay capital gains taxes on that profit earned or is that considered 1031 excha...