Sharon H.
How to invest $500K?
Hello everyone,
I just sold my rental property in San Fernando Valley. It was my primary residence before becoming a rental, so the gain is tax free due to the primary residence exclusion. Now, I have about 500K free...
Justin Mespelt
Weird idea for personal home?
I have a random idea and need to be told the problems with it. Here it goes:I have a 2-5 year timeframe to move to a local commuter community. I have a good chunk of equity in my current home (say $80k). I could get a...
Brian Rushing
Rapid City/Black Hills are STR Feedback
We are in the beginning stages of looking for an STR in the Rapid City/Black Hills area. We would use it as our primary residence for SD residency and tax purposes but sine we travel the vast majority of the year in o...
Account Closed
Retail Real Estate is Dead
We are in TransitionBeing in real estate, we all know the value of residential and multifamily real estate. The cash-on-cash returns can be great and can provide wealth for generations to come. With that said, what ab...
Lloyd Segal
Economic Update (Monday, February 22, 2021)
Economic Update(Monday, February 22, 2021)
The minutes from the Federal Open Market Committee’s Jan. 26-27 meeting, released last week (after their customary three-week delay), show that members of the Committee ...
Joe A.
Live-in-flip or maximize savings rate. Looking for direction
Hey everyone, looking for some direction on whether to proceed with a live-in flip.
I own my primary residence and have 2 separate rental units. Between my W2 income, rental income, and keeping expenses low, I have a...
Grant Amsberry
25% down on my first rental property
I am in the process of getting financing for my first rental property. The lender wants 25% down. Is this standard? Are other lenders more flexible?
Jorge Abreu
Determining your in-place expenses 🫰
A property's operating expenses are those that it incurs on a monthly or annual basis and are considered regular and continuing. Expenses like this include things like property taxes, insurance, maintenance, administr...
LaJon Dantzler
Commercial Real Estate Attorney
Hi BP Fam! Was wondering if I'm looking to acquire out of state commercial real estate, Should the attorney be from the same state as the property? or should I find one where I currently reside in NYLet me know what ...
Drew Mim Mack
Rose Village is HOT right now, what's the next neighborhood
I sold my rental in Rose Village 6 months to soon. Price skyrocketed 15%. Are there any others "UP AND COMING" neighborhoods in the area and why do you think so?