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...
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 ...
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...
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...
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...
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 ...
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...
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...
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...