Chase Fender
Turning Father to Funding Partner
Hello,From this post I hope to find resources and material on convincing my father to be a funding partner behind future deals. He has a couple hundred thousand dollars in cash and has plenty of exposure to real estat...
Joseph Walter
Hello, I’m Joseph I’m investing in Kansas City Missouri
Hi I’m looking to start investing & would like some helpful tips/advise from any experienced investors. I appreciate the feedback!
Chris Hughes
Capital Gains on a Rental Property
Hello all! I've been reading on this website for quite some time and it is a treasure trove of useful information. I am posting this to try and help my mom make an informed decision about whether or not to sell an i...
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Is this a capital gain?
I'm involved in an assignment or a double closing. Party A is selling her home ( personal not eligible for 1031 I dont think) for 375,000 to party B, then B will sell it or assign it to Party C for a FEE of $50,000.
...
Teddy Grooms
“Subject to” options
Who has experience with the “subject to” option?I’m curious as to what types of loans and/or what banks/institutions DO NOT allow “subject to” take over options? Thanks guys!
Anthony Varela
Beginner with rental condo - looking for next deal
Hi BP, This is my first substantial post. I'm looking for advice and possible ways to navigate through the HOT(!) Portland market as a brand new beginner to investing. My wife and I own two properties. Our pri...
Paul B.
Should I keep my rental property?
I've own a triplex for about 15 yrs. It is fully paid off (for one year now) and it's worth close to $300-350K. My rent total is 30K per year. Recently, I put 10K into roof repairs and I'll have to replace a kitchen ...
Riley Huseby
18 years old looking to virtually shadow
Hey everybody, I keep hearing over and over again that knowledge is the number 1 most important thing in real estate, so I am looking to learn as much about this field as much as I can. If you are a successful real es...
Jose M.
Need help sell or rent
Hello, I have a mortgage on a duplex. ($1,200) a month includes taxes and PMI. I have not rented the upper unit since my wife closed her group home upper unit. I mention to her we might as well buy a single family hou...
Jason Krawitz
How would this be taxed?
Hello BP folks. My wife and I bought our first home in 2005 for 131k. In 2014 we moved out of it and it’s been a rental since. If we sell it today for 275k, would we be hit for capital gains and income tax for the dif...