Hi, I’ve been looking into house hacking as a way to supplement my income and eventually gain financial freedom so I can be a present at-home mom. It would be my first home purchase, I have no debt and qualify for $25...
Greetings BP community- thanks for everyone's contributions. I've learned so much here, I've just closed my *SECOND* deal and am preparing to rent it out!Here's my question. I have a handyman making several minor impr...
Lets say I bought a bought my rental property 10+ years ago for $300K and it's now worth $1Mil plus. I have a mortgage of $400k+ and want to sell it for what's it's worth now. How can I save on capital gains taxes and...
Hey guys, my wife and I️ recently purchased a duplex with 25% down. The owner we bought from is older and needing money for health issues, so she’s liquidating all her assets. Unit A tenant has been there for 7 years ...
Hello BP family. I acquired my first property in 2019 just before the pandemic. My home is in a good location in Atlanta, 5 min drive from Georgia Aquarium, Benz Stadium, world congress center, Georgia Tech etc. I wan...
I found a good house for my first deal. The owner is elderly and his health going down hill so he's planning to move with family out of town. I made an offer and come to 60K all cash agreement. So I tell him I'd be th...
Morning.I have been reviewing the forums, listening to podcasts and just bought and read two of the recommended books, so I am not asking this question without doing some digging beforehand. We own a 3bd/3ba home i...
Hello BP!
I am in a dilemma. Bare with me, its complicated.My Grandmother owns a rental (4b 2b with unfinished besement and pool) that was purchased with the intention of my Dad to tear down the old house with a pool...
Hi BP,We have a retail spot available and there is this couple who have been showing serious interest in leasing it for a restaurant. Here is the dilemma:2 persons will be on lease. The husband, and a partner. It i...
Hi everyone,I have a dilemma on my hands and I'm looking for some advice. I have a duplex in a very desirable neighborhood in Michigan. It's never vacant because of the location and because of the condition. I purchas...