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I'm new to the real estate game. I have read numerous books and have almost no money to risk, so have decided that I have to start with straight options. I haven't been able to find an explanation of how to close on a...
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Aloha everyone, I'm trying to figure out a capital gains tax question. I have a rental I'm selling to my tenant. I purchased in 2003, lived in it as primary til Oct 2007. My understanding is active duty military has 1...
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When your at the point of hiring a property manager to run your apartment complex, what things do they typically NOT DO? In other words, what things would i still be required to do to keep my investment running smooth...
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I'm working with a very motivated seller who got embezzled and now has gotten behind on his luxury home payment so now he is in a state of preforeclosure to the point where he has no choice but to sell.
This home ha...
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I have a house that used to be my primary residence that has $109k mortgage and $73k home equity loan that I used for stupid stuff as a kid. It would cash flow pretty well if only had the 1st but I have been renting ...
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If you are a new investor, make certain that you have a commercial policy specifically for overnight rentals. A standard landlord policy, or homeowners policy, will likely not cover you if you have a claim.
Claims d...
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Hello BP,I'm looking for some references in Connecticut, ideally in Central CT/Hartford County area, that can advise me on the tax implications for flipping properties, what to expect and maybe some strategies to prep...
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How would I analyze a deal looking at using subject to and a note for the seller, vs just wholesaling the house.
my thoughts so far...
wholesale = $5k (assignment )
Selling L/O = down payment + cash flow spread 1 or...
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Hey All! I hope you had a great 4th of July!I'm hoping any of you tax experts can help me out with something...I have a piece of unimproved property under contract right now in TN, for simplicity's sake let's say it ...
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Hello community at Bigger Pokets. I am trying to buy 6 parcels five of them are adjacent to one another and one is about a mile apart. There are 15 mobile homes. It’s a mixture of single and double wides from around 1...