I have a hypothetical question for you guys. I was discussing this with a friend so I thought I see how members of BP community felt about it.Assume you were making $500k per year. With $500k income, would you rather ...
I live in NC (a transplant from CA) and have friends who have successfully sold several houses FSBO. They were able to purchase an MLS number and then handled the contract on their own. I have a flip that I’d like to ...
My lender is telling me 4 days out from closing that I can't use 1031 funds to buy a vacation home. Is that valid?I sold a rental in March, and used over half the 1031 value to buy another rental, and planned to use t...
Andddd the moment you have been waiting for has arrived. You ran the deal analysis, checked the financial boxes, finally figured out the lock box code that contains the keys to your first rental, and are ready to make...
Hi there, This is a question for RE investors and professional in Utah. We are diversifying our portfolio and bought two SFRs in Salt Lake county this 2020. With all covid-19 things we heard, there’s no factual eviden...
This is a townhome in Middletown that I'll be renting out. Is asking for security deposit, plus 1st and last month rent up front asking too much? How do you set up your upfront cost requirements from your tenants? And...
I currently have a 2 family that I rent half out. I purchased it for 400 expecting to sell it for 600. When I sell, how would capital gains work out? Would it be half of the property due to it being half an investment...
Hi All,There's probably other posts out there on this but I'll be honest I'm short on time between working full time and family life so I appreciate any insights. My parent's neighbor passed away and the Son is handl...
Hello, I am 27 years old and have been trying to get started in real estate investing for about a year now. My ultimate goal is to build a large portfolio of rental properties but at the moment I have little to no mon...
Hi BPers!I'm currently analyzing a deal in Powelton Village in University City Philadelphia. The deal is a portfolio of 3 buildings on 33rd and Baring. Building 1 is a new construction Tri-plex with large 3br/2ba unit...