Example case:
Apartment Complex purchased 10 years agoPurchase price was $50,000Going to sell it for $150,000 and do a 1031 exchange into another property
Question - can I pull out my initial $50,000 investment tax ...
Hi BP Family,Curious about a situation I may not be understanding clearly.If you purchase a Turn Key STR using a 2nd Home Loan (Vacation home 10%), how do you get your initial investment out? (10% DP + $10,000ish in n...
I’m looking at a NNN retail lease Investment in which it appears the initial term will be up in three years with two additional five-year options to renew, each with a 10% rent increase. My first concern is that altho...
My cousin and I are considering acquiring a two-unit home in Tuscany. The bottom unit is in good shape, but the second needs much work. I seek proposals from people experienced in weekly and monthly rentals to set up ...
I am about to acquire a property using cash so we can do a fast close. I am then going to finance it with standard mortgage. I thought I could deduct the mortgage interest from the loan but read somewhere I can't do...
Hi BPers,Zillow has been great for listing apartments and collecting applications. Has anyone used the "lease" and collecting of initial payments so that the whole rental transaction takes place on Zillow? I would lov...
Hello,I'm working on an operating agreement for my partnership LLC. So I have a passive partner who paid for the initial investment (downpayment and closing costs) of the property. I didn't pay for anything since I fo...
Hello,We just got a pre-approval to potentially get an unsecured business credit card with a 100k limit, Interest free for the firts 6 months.Now here's the fine print, if we decide to go with this card, the cost to g...
Hello there, We are newbie RE Investors, trying to figure out pretty much everything real estate related from ground zero. I have come across multiple cases where investors have used wholesaling as a stepping stone be...
Good Morning Bigger Pockets!I am still trying to get a grasp on the logistic aspect of wholesaling from the time that you receive a phone call from a potential seller to the close of the deal. I'm having a hard time ...