I bought a house for 60k and am selling this month net me 80k and want to do a 1031 exchange. Do I have to escrow the 20k profit only or the whole 80k proceeds from the sell? Do I have to buy a property to defer taxes...
Although this took way longer than expected due to contractor issues, I'm proud of the way it turned out and happy to report that it is under contract after on 3 days on the market! It's a 3BR, 2 full bath row home i...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $156,000
Cash invested: $40,000
Two homes on one lot. I currently own the property with another person who...
IRR, CoCR, ROI, ROE, something else?Obviously different metrics are more/less applicable to different strategies. Something I am considering right now is how to use return on equity (ROE) to determine the tipping poin...
Howdy BP,Was speaking with a fellow sponsor who operates all over Texas' primary markets.There is a deal we were looking at collaborating on and he mentioned we could receive a portion of the "promote". I have done a ...
Ugh....I’m really struggling with this! Probably because I’m going about it all wrong, but...I need to get numbers to the bank to determine my project financing. I’ve been interviewing contractors, shopping for materi...
Hi everyone Just wanted to share personal experience using IKEA cabinets in my rental. I know it’s usually a debate whether or not to use them. Well after 2 years of renting.. still holding up fine with no issues! Jus...
I'm typically a traditional (aka old-fashioned) 'Buy and Hold' or 'Flip' investor. It has worked well. BRRRR method, buy in cash and then cash out with Conventional or Private loan.Would like to get BP member though...
So I found this older woman on FB who says she is a private lender. Found her through a comment on someone else's FB post. I tell her I'm looking for a PML that is willing to lend down payment funds and holding costs ...
Hello all,Seeking advice on these cracks. I am in contract on this 1947 small (570 sqft) two bedroom SFR in my town. It is a HUD home which I already have $500 in my ernest money down. Buying as investor so no refunds...