I have a property that I am looking to sale in the state of texas, but before doing so I was looking to see what options I have in order to minimize my capital gains tax. I realize I can always reinvest into a like in...
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Hello BP. I have a conversation going with a seller who has multiple rentals. I made him an offer on one that would work for both of us. He didn't balk at the price but told me tonight after a conversation with his a...
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Hey all. We just closed on our first investment property. My husband and I plan to live there as we rehab the place. The single family home naturally lends itself to creating it into a duplex. Finished product being t...
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If you turn on your TV and chances are you are going to see several shows on the docket that are all about fixing and flipping old homes. However, this isn’t just the latest reality television rage, it is one of the f...
I don't remember reading this thread when it first appeared a year ago. It's a perfect example of the many things that can (and did!) go wrong when wrapping. The end buyer had a lease option agreement, so was not in...
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Hi there, My husband, Andrew, and I live in in Cypress, Texas. We both work full time in the IT industry; he is a VP of Operations for a small managed services firm and I work as a Business Analyst in the Business Int...
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I have some questions that I hope the BP community can answer for me. My elderly father has just moved into in a retirement home. He is weighing the pros and cons of selling versus renting out his home in the GTA. He ...
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I was messaged by someone interested in renting my duplex. Not only are they looking to move in “immediately” (red flag) but they also stated they have a service dog and another small dog. My listing and lease both sa...
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Hello,I'm have a 4 bedroom house for rent and several groups have come through to view the property.3 non-related adults want to move in together.If I chose them, how should I structure collecting the rent?I use a sof...
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Hi all,My first post. I'm excited about the wonderful resources on this site and am eager to learn as much as possible.I'm currently vetting a foreclosure deal and was wondering how significant this issue can be that ...