Hey all, my wife and I will be looking at buying our first home less than a year from now. My goal eventually is to acquire 4 or so tri-fourplexes and eventually sell them for an apartment complex in 8-10 years. My wi...
I currently rent and have never owned. I make very good money and have always wanted to put my money to work in real estate - single family homes and duplexes specifically. I have recently come across a single family ...
I will be looking to buy a 3br single family home in Portland, Oregon within the next few months. I am drawn to the idea of minimizing my housing expenses through house hacking and understand multifamily homes such as...
So, it is official... I have bought a primary home in Palm Beach County (Boca Raton). I just closed on my third property in South Florida, for a total of 5 units here on the East Coast. This process was a bit differ...
I think this is a basic question about how depreciation works in a 1031 exchange and I think the easiest way to ask is through an example:I buy house A for $200k, over the course of 5 years depreciate $50k of it, and ...
I’m buying a mixed use property with a commercial first floor and apartments above it. Never had any experience renting commercial space. It’s about 1200sq.ft open space with a bathroom. A few years back it used to be...
How difficult would it be to get an invester friendly construction loan to build on a property where I live and have mortgage. I purchased a home three months ago that came with 3 households and plenty of land to buil...
What happens with the mortgage that is in place in a contract for deed when the seller dies?
How do you protect yourself, or the end buyer (when wholesaling)?
Any input would be greatly appreciated :)
BP,I was hoping someone could answer a quick question for me. I have a large multifamily rental portfolio. Let's say I wanted to sell one of my 8 units and exchange those funds in a 1031 into a vacation home/rental (m...
Hi all! Happy New Year!I am fairly new to BP and have been researching and saving in anticipation of buying my first property this year. I currently live in Raleigh, North Carolina / The Triangle Area and consider my ...