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Hi Everyone!I am a new investor, and I'm about to purchase my very first property!! I intend to start house hacking right away, and I have a question about the Bigger Pockets Rent calculator. I am currently looking at...
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Hello all!I have a tax question regarding the Section 121 2 year capital gains exclusion for primary residence...The property in question is originally 3 subdivision lots. Wanting to re-divide the property and sell of...
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How would you divide ownership in a deal like this? It's a small multifamily property.Investor #1: brings in half of the cash, finds the deal, manages the rehab, manages the property manager, does all other admin.Inve...
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Hello BP,I located a great investment opportunity on a foreclosure and I will be only be able to provide about 15% of the cash needed for the full-cash purchase. I pitched in to an investor and got him on board and he...
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I'm in a development project with someone. We bought the property together. It's his project, his name is on the mortgage and what not, but I gave the money for the down payment and it's every intention for us to do a...
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I am looking at a 1+ acre property in Texas to build-out self storage units or small warehouses. The land was deeded and is part of a larger lot that needs to be platted, surveyed and sub-divided. What is such process...
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I’m starting a partnership with my brother-in-law. We are going to do BRRRRs. He lives in NY and I live in SC, which is where the BRRRRs will be done. I plan to do a lot of the work myself. We both have the money to m...
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Hello BP Community,
I am in the food business and have been for a while now. Being a successful restaurant/deli owner I am trying to increase my net worth and begin investing in real estate.
Here is the lowdown on a...
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First the details. We went under contract on our new house end of January2012. Early February we started telling everyone we know that we were moving but keeping our old house to rent and that it would be available t...
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Hi
Bought a 2mil buidling last year with family members under a Limited Liability Co. and I am looking to sell "shares" of the LLC to another family member who wants in.
So 'cash out' a bit, if you will...