Kenny Smith
2 out of the last 5 rule?
Hey all,I am considering on selling my condo next year. At the time I sell it, I will have lived there 1 out of the last 5 years and renting out since moving out.One of my CPAs said I can still be exempt up to $125k ...
Charlie Moore
WHAT IS ESCROW? WHY IS IT IMPORTANT???
- In your own words, explain escrow.....- Why is it important, how do i set it up in a bank....-New To investing... THANKS! HELP!!!
Jared Rollins
Spec Home Investor
Hey Bigger Pockets community! I have a lot in colorado that I'm interested in builder a spec home on. I have the builder lender and architect already vetted, with a proforma and comps in the area. I was curious the be...
Nicholas Olson
Finding the Money
Hi Everyone,I have been running evaluations on properties trying to figure out what I want to do in the rental property world, and I have decided to try and go into buying bigger multifamily properties. The place I a...
Christopher Vu
Need some advice, new to the game
Hello all,
I am currently looking into getting my first property. I currently live in Orange County, California. The market here is kind of rough, but I am looking to establish at least a home base cause my work is...
Tillman Maclaskey
Newbie re-locating from Houston to Austin
Hey every one. My name is T Jay Maclaskey. My wife and I bought a 40 acre property we lived on and based an Ice Sculpting and wedding venue business from for 20+ years. The city has moved our way and we are selling...
Jacqueline Pelzer
Analyze my Queens deal
Hi,
I am newbie and I don't really know how to go about it here. I need help analyzing this deal:
3 family house in Queens (Bayswater near 5 Towns)
Asking price: $518k
Tax appraisal: $415k
Taxes: will be $4,000 in 2...
Artie Shau
Possible to Buy a Wholesaler Deal with a 203K Loan?
Fellow investors,I'm looking to attain my first investment property. I'm renting currently... I'm very interested in using a 203K FHA loan for financing the purchase, and rehab of a property that I would move into......
Adam Rudolph
Is the market too saturated?
How can I determine if a market is too saturated to start investing?I'm looking around online to find how many places there are for rent. There is a lot of places to rent. Maybe even too many. Determining this might b...
Account Closed
Bought, rehab, holding
Investment Info:
Single-family residence buy & hold investment in Newport News.
Purchase price: $110,000
Cash invested: $50,000
House was built in the '50s, smoker had lived there for decades. Ne...