Hi BP. I'm currently working on my REI business plan and was hoping some experienced investors could provide some insight. I'm completing a 3-5 year financial projection and wanted to know what factors could (or shoul...
Firstly, sorry for my naive question but I've never been in this position before.
I am in the process of evicting a tenant.
The current rent they owe is-
November rent- $450 + $75 late fee
D...
I am prepping a vacant unit right now. (Full disclosure: first-time landlord, bought property in Feb 2020)Before COVID the previous tenants mentioned ants. They were small and localized to bathroom sink. I didn’t have...
When you sell a house, buy a new one, flip, and sell, when do you pay capital gains tax on real estate? When you buy the new house, or when you sell the new house? (After selling the first house, that is).
How do investors determine if a rental property is a good investment? I have an opportunity to buy a townhouse that's in good shape. $155k, with 20k down, 4% interest on a cd. It should cash flow $2-3k a year includin...
Would love to hear from some experienced syndication investors. Do you file a tax return for every state listed on the K-1 where the partnership has property? Even if there is a loss. Why or why not? What are the adva...
Good Morning all!!Need advice from investors who have done 6 months buyout of loan partnersScenarioInvest 50 k, loan partner invests 50 k , buy using DSCR in a LLC for STRAgreement using attorney is, pay 60 k to loan ...
I'll be purchasing a Tiny House for short-term rental income. Due to zoning laws 'wheels' would classify it as an RV whereas a placing it on a foundation could classify the structure as a Single Family Dwelling. Is pl...
Hey there bigger pockets forum users..
My name is Will Henderson, as the title suggests I am new to the las Vegas area and just started business here is a lease option and wholesale specialist.
Am actively seeking ...
I am selling a multifamily I bought for 100,000. Over the course of owning it I have paid off $25,000 of what I owe on the mortgage.I paid 25,000 and got a mortgage for the 75,000.I am now selling it for 200,000.I am ...