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Years ago, when I was in college, I rented a room in a house. They focused on renting "to college students and young professionals" (being a USN Vet, I would probably add service members, reservists, and guardsmen).Ar...
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My dad is going to be selling his home soon, a house he has lived in for almost 40 years. He will more than likely be able to sell it for close to $2M, and his basis is probably around 500k. This sale is what is going...
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Good morning BP,Hope your week is going well. I'm wondering if you can help clarify something for me. I am working with my CPA on having him sign me off as an accredited investor, but am falling a bit short of the $...
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Ok so a co-worker and long time family friend of mine is also a successful commercial real estate investor in my area. When he learned about my plans to begin investing in real estate he wanted to get involved. I am ...
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I'm preparing to rent out a 1977 sqft house in San Jose, target price $3300; the property has many valuable amenities, so I'm probably pricing a bit low, I think. I'm pondering questions to include on my pre-filter e...
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Hey Everyone,
So i was doing a flip which i purchased with a hard money loan under my LLC like i do 99% of the time. After renovating the property, i decided to keep it to myself and live in it.. Currently, im tryin...
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I recently bought a duplex in MN. This is my first house/investment. I plan on living in one side and renting the other out. The current tenants that live in the opposite side I’m moving in have lived there for 5 year...
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I am trying to help a previous client avoid a healthy capital gains bill on the sale of their primary residence. Trying not to spell it out to them directly though out of concern of giving tax advice outside of my sc...
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They say you should always start with why; that what you do is not nearly as important as why you do it. The saying really plays to persistence and strong will - it reminds us to think deeply about why we do what we d...
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Hello BP! I'm hoping to pick you guys' brains. This would be my first real foray into both renting and flipping.Background: Husband and I currently have a home. I'm working with a seller right now that I originally pl...