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...
I own 3 properties (1x in DC & 2x in Chicago). All of them are fully paid for. I live in one of my units and rent two of them. I make about $24,000/yr. from them. Unfortunately, I had to close my non-real estate b...
when u guys r fig arv, do u have an agent involved w the mls? or r u just using ur own estimates? what r u comping to? i can make the offers on the "deals" and ive been in construction all my life, so i can plug th...
What type of loans area available if i buy a property to be a rental? I am referring specifically to bank loans, but if there are other ways that people know of i'd love to hear them.
Hello All!
I'm a licensed agent and this will be my second foray into commercial real estate acting as an agent, first for a seller, now with a buyer. My client is wanting to develop a 4 - 6 story mixed use. ...
If I understand correctly, I can set the maximum # of occupants per unit. Can I also include maximum # of adults. For example: Prospective tenants are 2 married adults, they have 2 sons, 21 and 24. One of the sons has...
Over the last year or so, I have been soaking everything I can in real estate. I found a 4 bed, 2 bath house for sale in my hometown FSBO for $45k. I am confident I can get it even lower. That being said, I have not y...
Hello New to Real Estate- 100's of podcasts in and excited to take action. So this post is July 2022. Hi my name is Jacob. My fiance and I live in Austin, TX. We want to find a multi-family to live in one side and ren...
Hello everyone! my name is Justin Vasquez, and active duty Navy member. With two years left on my contract I've decided that i'm done with being an employee forever. I want the freedom to be lazy if that makes, to add...
Hello all, new to BP as I am looking to get into REI. My first plan is to get into a primary residence. There is a house we love that was put on the market 1/4/23 for 499K , it was just lowered to 479K yesterday. The ...