I have money in an inherited IRA account, that I am pulling out to purchase an investment property. Does this type of purchase meet the requirements of a 1031 exchange? This purchase will significantly raise my tax li...
Situation:
Brother owes $143,000 on mortgage
House Value(according to comps) $121,000
Offer Home to lender as a short sale for $100,000 (sister says lender may take/she is a realtor in Atlanta).
I would purchase.
An...
Hello brilliant REI's !I am interested in doing my first fix and flip in the Baltimore area. Could you tell me any pro's and con's of buying from a wholesaler vs a real estate agent?Bonus Question: How do you go about...
Hello! I am a big fan of the BiggerPockets community, and just getting started on my real estate journey. They say there is no better time than the present, but it is definitely a little harder during a pandemic. I'm ...
Tenant has a job and healthy, no Covid-19 infection. He said he does not have to pay rent because of the pandmeic. My wife manages her house by herself. Does anyone know how much usually cost to hire eviction company ...
Hey guys, I got off the site for a while but am back now and more ready than ever to continue my journey. Since Ive left I bought and lived in my first rehab project (something Ill never do again!!!) The project is ac...
So there’s a lot of posts about how to go about investing in real estate without much money, but what if you have a lot of money?What if you have made money elsewhere and want to start investing in real estate? Let’s ...
It seems that there is more and more talk about how any future housing bubble will be prevented. Bankers and monetary officials are discussing using interest rates and other means to prevent this in the future.
I do...
Hey Gang,
I have asked for advice to a lot different people (realtor, financial advisor, property manager, other investors in the area) about what I should do for my next move as I have read about a few different str...
In my scenario the property was being marketed as having “Central Air” cooling and it actually spells It out on the listing twice so I didn’t question it and after seeing so many properties that day i assumed everyth...