John McKee
Do buyer Brokers exist?
Searching on loop net and other sources for hours. Is there a better way to find deals? My gut tells me that no matter what your asset class your on your own as a buyer. What percentage of your buying opportunities ...
Casey Murray
Sale of Primary Residence With over $500K in Gain
Hi BP,I have a question when you have over $500K in gain when selling your primary residence. Let's assume the big concern are the tax implications since the projected gain before the exclusion is $1.2M; see projected...
Nick D.
5 Lies Brokers Tell You
Brokers' poor reputation has caused many brokers to rebrand themselves as “Commercial Real Estate Advisors” or “Real Estate Consultants.”This is similar to the Wealth Management and insurance industries, where commiss...
Elsa Liu
Can Section 121 be claimed every year between husband and wife?
Question about the Section 121 Exclusion, the “Capital Gains Exclusion”. $250k limit for single and $500k for married. We are married but can we be treated as single? All our properties qualify for the “two out of fiv...
Susanne McCallack
What are benefits of NOT contacting the agency?
If I may ask: What are the benefits of NOT getting in touch with the agency for buyer of real estate, either house or apartment, and what are benefits for seller (current owner) who wants to sell his or her property? ...
Brandon Snyder
Understanding Title Insurance
Hey all, thanks for looking into my forum question. I appreciate it.I'm taking a real estate class at UCLA. It's a good class with a good teacher, but the textbook doesn't provide much context. That's where I'm hop...
Jessie Huffey
Starting Louisiana LLC for slow flip
Hi All,My husband and I have done a couple of "slow flips" in our personal names in order to take advantage of the capital gains exemption. We are now considering buying property in Louisiana (with a promissory loan n...
Everett Yano
Homeowner's Insurance for SFR Househack renting 3 rooms
Hello BP,I bought a SFR 4 Bed 4 Bath in California that I plan to owner-occupy while renting out the 3 remaining rooms. I am currently looking for a Homeowner's Insurance policy. A common exclusion to coverage is rent...
Craig Sparling
Exclusive right to rep (A post Burnet et Al world) for Real Estate investors
First of all, let me pay my respects to the hardworking people in real estate and the treacherous waters they navigate—fronting hours of effort with only the chance of commissions and an abundance of non-forthright pe...
Samantha M.
HUD Listing Period Question
Investors can only bid on properties once a property has moved to the extended period listing. Below is an example from HUD homestore to make sure I have a good understanding of how this works.
1. Example property...