Mike H.
Capital gains question on sale of condo
Hello BP !wife bought a condo in NYC 15 years ago. We lived there til we had a baby and moved out to rent a 2 bedroom. We wanted to list it sooner but life and covid got in the way and are going to list it in a few ...
Bernard Reisz
Cost Segregation Studies and Reports
Your input is valuable: How do you want your Cost Seg study prepared?For context, let's cover some Cost Segregation fundamentals, and explain the interaction between Land Value and Cost Segregation:Cost Segregation is...
Jennie Berger
So, You Wanna Be A Wholesaler?
WHOLESALERS, EVER WONDER WHY IT’S SO HARD TO CONNECT WITH INVESTORS AND CASH BUYERS TO ACTUALLY CLOSE A DEAL? YOU MIGHT THINK WE ALL SUCK, AND NO DOUBT, SOME DO. BUT FOR THOSE OF US WHO ARE NICE PEOPLE AND GENUINELY W...
Isaac Fridmann
How to Analyze a Short Term Rental/Airbnb Property for Investment
Hi BP Fam,
I know this question has been asked a lot but I haven't been able to get a clear direction. I'm looking to invest in a STR. I'm trying to analyze the deal but this is where I've hit a road block. I see a l...
Lauren Patrick
RE AGENT VS. WHOLESALER
Hello BP fam! I'm Lauren from Houston, TX and I'm fairly new to the site, let alone investing. A little educational background on myself, I'm an undergrad student majoring in psychology with a minor in marketing and a...
Kevin Luttrell
Forced to take $25k passive activity loss deduction?
Hi All! Hoping someone can help me with this question. For the last couple years I have had losses on my tax returns from passive rental real estate activity. I am not considered a "real estate professional" by the IR...
Lindsey Bodner
How easy is it to foreclose when selling S2 (Subject to)?
We're considering selling a property Subject to (S2) -- meaning the buyer would pay closing costs and a downpayment, we keep the mortgage in our name, and the buyer would make the mortgage payments and monthly payment...
Raymond Hill
Multi Family Property
Hello,So I was wondering, I noticed that there are a lot of mulit families built in the 1880s - 1920s and I have not seen any new constructions for a multi family property in Rhode Island. Is there a reason for this? ...
Vernon Henry
Delimma
I'm a newbie who bought my first property a little over 2 years ago. Bad news is, as far as cash flow, it's a little above breakeven. Good news, due to the real estate boom, I could probably realize about $120k gain a...
Joshua Dorkin
World Cup 2014 . . . anyone else excited?
I know I'm pumped to check out some football over the next days/weeks . . . anyone else pumped?Found this awesome McDonalds ad to get you motivated . . . if you see any other cool ones, please post it here for the res...