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I have a SFH in central Florida with about 100k equity after some recent significant appreciation. it cash flows about 400/mo.
After listening to the recent podcast, I'm inspired to trade up to earn a better ROI. I...
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Hi All,
Working on my first deal and will actually be purchasing a house from my parents as they look to free up some cash and are ready to move on from it. We have been researching the best strategy to go about tra...
Hello BP,I’ve read in a variety of places on these forums that it is financially more advantageous to own real estate in your own name as opposed to your solo 401k. Let it be said that I’ve primarily interested in sma...
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Hello all,
I am a young professional living (paying rent$$$) in Manhattan and am looking to get into real estate as a part time investment and see where it takes me from there. I'm tired of throwing 2g a month into r...
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Hi BP – I’ve been reading up and talking with as many investors as I can in the multi-family space, and the 50-80 unit apartment complex intrigues me. Based off of what I’ve learned you’re often dealing with Mom &...
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Can I use the 1031 exchange from a raw land purchase to a small condo and then rent out the condo/house?My situation is that I've purchased some land on the coast and if I flip it can I take that gain and put it into ...
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Hi All,I am a graduate student at UConn looking to buy a house to live in during my studies and rent out once I'm finished here. Since this is a college area, I should always be able to get renters. Depending on where...
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This is a hypothetical situation. Billy has a day job earning $100,000 per year in California. He wants to build a real estate empire in his local market as the king of residential real estate (1-4 units). What value ...
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So an experienced CPA recently told me that essentially all costs incurred prior to placing a tenant are considered to be acquisition costs and get written off only as depreciation. Is this true? I'm sure he knows wha...
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Of course when you become licensed initially there are so many to-do lists and articles to read about what you should do first, it can become very overwhelming quickly. A topic of discussion I have seen on a lot of th...