Glenn Na
question about 1031 exchange
Own a couple of rental properties and am about to sell one. The one I am selling has no mortgage. Want to use gains to pay off mortgage on second rental. Will this qualify under the 1031 exchange or does that only ap...
Gautam S.
GC and Property Management Company recommendations in NW Indiana
Hello BP Nation:Any recommendations for GC and a property manager in Hammond, IN area?I need mainly following works done:New roof with some repairNew Laminate wood flooring (pergo type)Painting the whole house.Some ...
Steve Carruth
Biden real estate tax proposal
If I rent out the property and sell after 10 years for more than $500K in gains, what percentage of taxes will I be paying?
Is the plan just a proposal, what are the chances of this law being enacted?
Matthew Terry
What will renters look for post COVID-19?
Hello BP Mates,I'm reading a bunch about how businesses are expected to change because of COVID-19. Will there also be a surge in demand for rental properties that have an extra bedroom or an office\den? One of my in...
Jeff S.
Old electric Jenn-Air replacement
Rental with original1980 or so electric Jenn-Air range. Renter just moved and now looking at replacing tired old range. Problem is replacement over $2k and then need updated electrical circuit and replumb exhaust, plu...
Pat L.
The Irony & the Karma
We have been friends with a couple (you can't pick family) for many years who are trying to retire. The husband just confided in us that they were totally frustrated with their years of 401K ups/downs (he has a great ...
Scott Ashworth
Short-term rental - Cary,NC
Investment Info:
Single-family residence buy & hold investment in Cary.
Purchase price: $242,250
Just purchased this property (April 2021) - Seller will rent back for $0/month through July 31, 2021. ...
Sam Leon
Have you ever been so scared you fell on your butt?
So today I was doing maintenance at one of my rentals, I opened the closet to access the central AC handler unit to change the filter and after I opened the closet door, I had to rearrange a few things to clear the s...
Justin Brown
301 E Artesia Ln Flip
Investment Info:
Single-family residence fix & flip investment in Long Beach.
Purchase price: $379,000
Cash invested: $20,000
Sale price: $450,000
This was my first flip in California. I fou...
Nick Anderson
Des Moines Metropolitian
Who is in the Des Moines area? Just getting started in real estate trying to learn both commercial and residential! Trying to get to know as many people as I can!