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I sold a SFH last month and used a 1031. I'm now using those funds to purchase an 8-Plex. I will use my 1031 to fund the deal. My question is, if I bring a partner in (my brother) to split the DP, will this transactio...
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Hello, bp community,Wanted to ask a few questions about hard money loans and the skin in the game part.I understand that hard money lenders require that you have skin in the game, what I would like to know is how much...
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Hi, my name is Zakiyah and I'm a beginner investor. I currently have one single family property renting in Philadelphia and am currently looking for my second. I don't have much money so I'm looking to invest in area...
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I'm still just getting started and wanting to grow quickly. I have a partner that I'm aligning with to get to double digit properties as quickly as possible and we want to operate through an LLC. The only issue I am...
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Never Get Ripped Off Again Are you tired of being ripped off? Let me show you how to never get ripped off again. I just want to add some value to this topic.Let me first introduce myself, my name is Andre Lucas, Sr. a...
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Hi There,My wife and I are in the process of closing on a duplex (Jan 29th). Currently, both units are occupied with tenants. Both tenants are in month-to-month agreements, renting severely under market. Even better, ...
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Hello! I am looking into becoming a real estate agent for multiple reasons. First reason is that I love everything to do with real estate investing wise. I am currently a construction worker and I am looking to get ou...
Hello,I am a newbie investor (started last year) with only 2 STR properties (1 - 1/1 condo in Corpus Christi and 1 - 2/2 Cabin in Gatlinburg). I have used a good portion of my cash savings to arrange for a 20% down pa...
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I've been reading, researching, obsessing over real estate investing for the last year and the plan has been to get into it when my I was ready to leave my daughter full time. I decided to get my agents license (Texas...
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If you are wanting to sell your real estate property, but are worried about paying taxes on the capital gains, a great strategy to consider is a 721 Exchange. Section 721 of the Internal Revenue code allows an investo...