Abel Johnson
Getting money to renovate rental that mom has a heloc on?
Good day my Good people. My problem is my mom has a HELOC on a property that is quick deeded to my wife. I am trying to figure out what do I need to do to get property transferred over to my LLC and cash out refi for ...
Troy Michaels
Owner finance problem
Ok, this is whats happening. I got a owner to agree to owner finance a property, in which i want to immediately rent out to a section 8 tenant. Everything was going smooth, we agreed on a 110,000 sell price with 10,00...
Mary Jay
Complete dump-cost to rehab?
Ive always thought that if I buy a completely dumpy house it will cost me 100K to rehab it. (Sort of like in the show "Good Bones") But people on this forum told me it should not cost that much on a 1000 sq house...So...
Mike Peerless
Approximate costs small duplex
Hi all,I have a couple properties rented out but looking to build for the first time. What are the best resources/tools to figure out approximate costs of building these days? I am looking to put a small 2-3 fam on an...
Solomon Rosenberg
Lessons from my investments in syndications: Delinquency
Things I'm learning on my investments in syndications:Delinquency (tenants living in a property who are behind or not paying rent) is a killer of cash flow, which you will find in the income section of the monthly rep...
Craig Norris
Second story addition flips: Who's doing them in Socal?
Hi all,I'm beginning a direct mail campaign in a desirable neighborhood in OC. Entry on a fixer (original build dates are 1950-1970) is somewhere between $700-800k. Sale price after rehab - including 2nd story additio...
Craig Garrow
Help me analyze this triplex!
Im looking at a triplex as my next investment and am just looking for some second opinions:
3 units - 1 - 2 BR, and 2 - 1 Bedrooms.
Current rents are $700, $400, and $375.
(The two lowball amounts should be $600 &...
Jonathan Freeman
How much would I pay in Capital gains tax
I own a 2 family and am looking to sell it. I am trying to figure out how much I would pay in taxes. Purchase price $145kI owe $122kI wanna sell the property for $250kIt is a rental property.i have 2 questions 1. How ...
Jared Trindade
Real Estate Market in Durham NC #2.5
This is a 3 month update to Durham NC market data thread- Previous post: https://www.biggerpockets.com/...
This is counting as the .5 update rather than a full release since this is more of historical data post, as w...
Noah P Bonds
Cost basis after refinance
Curious about estimating long term gains tax on a property that has been refinanced. Suppose purchase price was 100k, then five years later it was refinanced for 150k and sold shortly after that for 175k. How would th...