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So I am getting close to hopefully making an offer on a mobile home park, my first. Its the original owner, an older gentleman.So assuming we come to terms, would the next step be an LOI or contacting a real estate a...
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Quick question about Hubzu - There's a property I'm interested in that I saw on MLS, and I just realized that it was on Hubzu. I went over to Hubzu, and see that it's "Highest & Best Period Ended" and that I can "...
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Looking to do my first flip this year. I’ve had a few opportunities presented by wholesalers but nothing stuck. Feeling like I’m waiting around for a deal, as I’m not seeing many deals from wholesalers. I would like a...
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Hi BP,Just wondering about this quick question. I hope to learn more about the 1031 exchange and was wondering if it is possible to sell a property in CA, apply for the 1031 exchange to buy a property in another state...
I am hearing a lot about using credit financing for new investments in the event your credit score isn't shining. I am interested in the concept, but am hesitant to go further with this, as the risks seem quite high. ...
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Hello BP Community, I need your help. I am currently under contract for a duplex. My intention is to house hack for a period of time while I take a crash course in land lording and renovating. Both units are currently...
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Quick hypothetical question for Tax Pro's out there:If you have purchased a lot to build a home on, when does the one-year clock start to switch from short term to long term capital gains?Does it start when land was a...
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I'm looking for some advice. I'm saving up money to buy our first planned rental or flip (haven't decided). However, I work for a Fortune 500 company that has a pretty good employee stock purchase plan also. My questi...
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I hope people find this write up helpful. I tried to be detailed without getting too long winded, but if I missed something don’t hesitate to ask. I really wanted to highlight the lessons learned on the BRRR strategy ...
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Hi all,
I've been learning alot about investment properties over the past year or two. I'm currently waiting for a seller to sign my offer on a duplex. I'll be purchasing in cash and then refinancing out ASAP. I pla...