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I kind of have the opposite problem of a lot of people trying to get started. I'm lucky in that I have a a very steady and well paying job and a cash to invest. But with a family, full-time job and helping my wife sta...
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For context I'm in North Carolina, but my question is not specific to state foreclosure laws. I have attended a few courthouse foreclosure auctions and have observed the following situation and I don't quite understan...
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After years of listening to BP, reading books, talking to people, I have my first deal under contract. It’s a 3-1 house in Missouri (I know 3-1s are tough to sell J Scott).Paid $19K in cash needs about $35K in rehab w...
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Hi,
I currently own three multifamily homes in Jacksonville Fl. I'm new to this site, so if I leave out any needed information please let me know.
I will be relocating for work in 1-2 years out of state...
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So I'm kinda frozen here...This is what I'm thinking and what I think will take me to my retirementWe currently have two duplexes,one of them we completely remodeled planning a flip(so probably over did it)the other...
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I have a 4 plex I've owned as a rental for 3 years. Cost basis 300k, value 600k. Can I 1031 exchange this into a nice $600k SFH that I rent out, and later on move into to as my primary residence?How long would I have...
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My wife and I have two properties, one an airbnb and another a 2 family house hack that we live in. Can we sell both of these and 1031 exchange them into something bigger? Like an apartmet building? My accountant me...
In order to do a 1031 exchange do you have to reinvest the total amount that you sold your property for?
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Hey BP,Need some thoughts from everyone about possibly combining these strategies FLIP + 1031 + BRRR. I'm currently renting and working on my first flip project. While flipping is the hot and sexy passion of mine, I d...
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I am trying to get my barrings straight on taxes, fees, etc. associated with short-term rentals. In my state short-term is considered less than 30 days. According to my reading once classified as a short-term stay I...