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Hello Everyone! I wanted to throw out a question that has been spinning in my head for a bit.I'm looking to make a move on a couple of duplexes or a 4plex in the area. The majority of them have tenants and all are bel...
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I've heard a great deal about lease options and wholesaling. I understand the gist of each method. Lease options are pretty much rent to own correct? Why would a seller choose that option rather than getting their ...
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Hey BP! I found a deal in East Mt. Airy in Philadelphia. I called the agent and she told me that the property was being held up by the executor. It belongs to a trust and the agent asking price was $50kI would like...
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I used to have a "Real" job and contributed to my 401k as much as I could. When I quit and went into RE full time, I rolled over into a self directed IRA, NOT a Roth. (This was done to keep my income low as I contin...
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The tenants that many of you turn down because of their credit score (or lack thereof) are my best customers. I am inviting you to send them to me because I am not interested in what their credit score is.The current...
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I am looking at a house package, but the seller is not planning to 1031. I would like to offer options to defer tax because he's retiring in about 2 years, but getting out from under his loan is his priority to be mor...
I sold a highly depreciated SF Bay Area california duplex I have owned for more than 2 decades. I sold due to rent control and a bump in value but I hope I haven't made a mistake. About $48K in annual net income plus ...
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Hello
I am 40 years old and live in Altoona , Pa.
I own my single family home. Buy that I mean I have no mortgage and I have the deed. I am trying to buy my first duplex to get some cash flow and to have a pass...
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Looking for some BP tax experts/investors on this one: I was cold calling potential sellers the other day and talked to an older gentleman who owns over 25 properties in my area. He has considered selling in the pas...
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Two weeks ago I was successful in evicting a tenant who stopped paying rent when COVID hit. It took over 5 months to get the eviction because the tenant is incapacitated and ill. Family members moved in to take care...