Henrietta Lee
Tax pre-payment for rental sold
Hi, I sold a rental property that was rented for 16 years in CA this year. The net capital gain was $480,000. Depreciation taken was $100,000. Escrow already withheld CA State tax. I'm retired in FL with $25,000 socia...
Mark C
10-15+% levered returns possible? With 1-1.5M cash
My partner and I did our first deal a few years ago which went really well and we have about 1-1.5M in equity, but the problem is that the cash flow it generates is not that great - partly because cap rates are so ...
Matthew Brill
Analysis Help for a New Investor with a Unique Opportunity
Hello BP community,I am new to buy and hold investing and have being doing as much reading and learning as possible while looking for deals to get started with. I came across an opportunity involving purchasing duplex...
Danny Carter
EXIT STRATEGY HELP!
Hello BP! I'm in need of exit strategy assistance for a potential flip I'm eyeing. I'm newly self-employed so from my understanding a traditional mortgage could be out of the question for 2 years. Does anyone know of ...
Jason E.
Craziness in Las Vegas market or just me??
In the past month I have visited, analyzed and submitted multiple offers for rehab properties in the Las Vegas area. Some of the properties have sold, and for much more that what would seem reasonable. Being eager to ...
Amanda Herr
My REO Questions...
Hi guys,
I'm done being a landlord and may be someday but not now. I know I've been reading and learning from some of you in this site. This is going to be my first time doing Wholesale REO and Flip to an end buyer...
Michael Fucillo
Good Tenant Wants Boyfriend to Move in But...
Hello BP!I'm new to landlording and looking for some advice. I have a good tenant that wants her boyfriend to move in. The good:His credit report shows zero missed paymentsHis girlfriend's father is our handyman and...
Aaron White
Is it a trap or am I over thinking it?
I have been looking at foreclosure homes on the MLS and am wondering if there is any easy way to estimate plumbing and electrical costs looking at a house that does not have water or electricity on? I am trying to av...
Peter Thielemann
The best tax advantage on cashing out the IRA if there is any.
I have a relitive that own's several rentals. He's suggested for some time now to invest in rentals. I have a few years left before I retire and I'm digging into withdrawing some money from an IRA. I'm looking into th...
Simon A.
Weird Strategy for High Income individuals
Hi guys,I would like to ask about your opinions and views about the following strategy.Let us assume that I am a high income individual with full time job and I want to invest in Manhattan where prices are just ridicu...