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Does anyone know if I do a 1031 exchange selling a rental property and buying another one, then move into the other property after renting it out for a period of time and make it my primary residence what happens when...
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I bought a 5 bedroom house which actually has about 7 living spaces, one full bathroom and 2 half bathrooms (no shower). I intend to BRRRR with it.I am very conflicted about expanding one of the 1/2 bathrooms to add a...
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I have an acquaintance that wants to sell an 11-unit complex and a property with 5 units. These are C-class properties in B+ locations. Rent income is a minimum of 10% below market. Owner is paying for utilities that ...
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Recently since getting my license, I made aware to my team leaders that BP is a great site to get exposure, network with other pro's whether licensed or not.
I'm working on giving a presentation to fellow agents wit...
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So...if one receives a large insurance claim and decides to pocket it initially to pay off a mortgage and later does the property repairs what are the tax consequences? Using the dollars to pay off the mortgage initi...
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Hello BP,
Not sure if this should be in this forum or in Wholesaling..
So, I have been learning how to Wholesale properties to get my feet wet in the investing game.
One thing that intrigued me a...
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Happy Sunday! I’m seeking advice on where to invest my money next.
I currently own two properties in California, and at 21 years old, my goal is to continue purchasing properties and eventually pay them off to achie...
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Hey Everyone,This is my second post on BP and I'm hoping to gain some insight.My wife and I have successfully completed 2 live in flips and are sitting in a great position equity wise. We have a HELOC for $60k on the...
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Do you have your tenants renew on a monthly basis, or do you do leases? If you do leases, for how long? 3 months, 6 months, 12 months, 36 months? Why did you choose what you choose and have you considered changing?Tha...
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Hey BiggerPockets, I'm wondering if I can get some tips for starting out in Utah? My wife and I have saved up a down payment (between 3.5% - 10% depending on the property value, which means we'd probably need to go wi...