Brian Morissey
Tax Q's: Selling Rental Property at 50K loss
Hi,I am considering selling my rental property which I purchased for $380k 11 years ago and currently has a market value of $330k. I am not breaking even on the rent, hence rather sell. I am married with combined yea...
David Gotsill
Where to live? Leasing Agents? Real Estate Agents?
Hi All - I may soon be relocating from overseas to the San Francisco area. I'm totally new to the area and looking for information.What areas to target for an initial search for residence (renting)? I'll need to jug...
Uche Ejiasa
Setting my intentions (New member introduction)
Hello all,
My name is Uche Ejiasa, or just Uche (like Prince or Cher) and I am as brand new as brand new can be to the world of real estate. Noob is as Noob does. As a precursor, please excuse the extremely verbose p...
Regina Moffett
REI - Multifamily Investing
Greetings BP,Just curious to see if there may be any multifamily investors that are opened to assisting with the execution of a purchase through guidance and help for a portion of the equity in the property. This is ...
Jeremy D
Hello from a Philadelphia newbie!
Hi. My name's Jeremy Davidson. My background in real estate is close to none. I rent for now... am hoping to accumulate some dough so I can do some REI (picked that up from lurking here for a little while). My bus...
Soh Tanaka
Accounting/Tax: Reading real estate books to be a "professional"
Accounting/tax questions:
Many of us know that in order to qualify as a real estate professional status, one of the things you have to do is you have to perform more than 750 hours of services during the tax year in ...
Christopher Davis
Couple questions from BRRRR book
To illustrate the BRRRR method, the author presents two scenarios on p37. For “Mike” the BRRRR investor, I have two questions.1) On p43 he refinances his first home to and gets out a net of 77.5k. It’s 84k - 5k closin...
Joseph M'Mwirichia
Revisiting 'The One Thing' and REI success
One of the benefits of being new to BP is poking around, familiarizing myself with who and what's possible within this new community I now belong to.The depth and breadth of the knowledge bank is undeniable!On one of ...
Charles Paddock
Question on investment property and proof of funds for seller
Hi all! I am in the process of writing up a contract that is 100% new to me, so I wanted to get all of your opinions as you all have wwaaayyyy more experience than me. It’s 800k piece. 600k is for on property and 200k...
Jacob P.
Are bad building finances enough to turn a good deal bad.
Hi all,I'm under deposit for a condo in NYC. Things were going smoothly, and we felt that we were getting the place at a bit of a discount under market price... All our numbers were looking good.We had already reviewe...