BP Family,Seeking some unofficial advice and definitely plan on validating with a CPA before execution. I have a property in Florida that i am trying to avoid paying CGT on. I would like to do a 1031 exchange and purc...
I've just been approached from a family member of close family friends who both passed away and she has the home in a Trust. What's the process for getting the home out of the Trust so she can sell to me and how long ...
Today's Topic: BUYING REAL ESTATE WITH CASHThere are pros and cons of buying real estate with cash. Like most things in real estate, it depends. Before considering purchasing real estate with cash it is important to c...
My father and I have found a decent 10 unit apartment complex in our state. When we went to our bank to begin the qulaification and approval process, they recommend we start an LLC, submit some sort of executive summ...
Hi BP Community!
As a first time real estate investor, I am currently sitting on some equity on a townhome I purchased in May of 2020 and looking to invest in a second property using that equity as a down payment. M...
I just finished reading this blog post here on BP:https://www.biggerpockets.com/renewsblog/2014/04/2...Point number 3 really caught my eye:Challenge Your Property Tax AssessmentHere is what it says:"I do this on just ...
Hi,I'm looking for an experienced investor familiar with purchasing pre-foreclosure or foreclosure properties. The internet hasn't been helpful in providing information to find and buy them. I see too many websites ...
I am looking to a purchasing a home for cash directly from the homeowner.The property is located in Wichita County TX. Wichita Falls is the closest major city.I do not live there, everything will be done over the ph...
I'm not looking for step by step but wanting to make sure my processing is correct.
I'm a realtor and have found a property I believe has potential for a great flip.
With absolutely nothing to offer money wise I wou...
I was blind-sided with the news that my recently bought two-family home is legally a SINGLE FAMILY dwelling. I closed on the home in November of last year. It appraised for $300,000. I live in one unit and rent out th...