Hi all, I recently started an informal real estate group with some old college friends. They are all looking at strategies to use for their first deal and many of us are leaning towards a house hack to reduce the amou...
Hey all, and happy 4th of July! I am currently under contract for my first investment property. It is a 4-Unit on a double wide lot in Jefferson Park, that would be owner occupied by myself and my significant other. T...
Here is a healthy modern day brainbuster. I am currently underwriting the following play -Currently a 25-50 unit multi-family. Primetime location. No shortage of traffic. Renovated each unitConvert to full-time Airbnb...
I am in the market for long term buy and hold rental properties. I have the cash to acquire a couple of units but would rather use that cash as a down payment in an owner financing scenario. I do not believe that I am...
Hi, I sold a rental property that was rented for 16 years in CA this year. The net capital gain was $480,000. Depreciation taken was $100,000. Escrow already withheld CA State tax. I'm retired in FL with $25,000 socia...
I am buying a rental property at Bay Area with rental control has a tenant who is on month to month lease with selling landlord. I am planing continue with the term's the selling landlord. This is my first time to get...
Introduction
This complex topic has been discussed on many BP threads, with persistent misunderstandings and misrepresentations. Many investors fail to grasp the fundamental principle of taxation: you cannot, based o...
Hello everyone, I am new to BP and new to real estate (sort of). My name is Nicole Brodahl (my profile is incorrect - not sure how to fix.)I have a very long winded statement/question. Looking for any tips, advice, re...
After researching different retirement accounts, I've decided that a self directed solo 401k plan is a good fit for me. I have self employment income and no w2 employees. When I search for how to start an account, I g...
My hope is that the title rings the ears of one credible person, or maybe two—the more the merrier!Without further ado . . . .I essentially acquired a $150,000.00 residential home in the market for $25,000.00. I waite...