Jason Sung
Title transfer to LLC after living two years. Capital gains tax
Hi, As many of you know, there is primary home tax exemption saying 'You can sell your primary residence and avoid paying capital gains taxes on the first $250,000 if your tax-filing status is single, and up to $500,0...
Mark Saenz
Sell your houses faster
Hey BPers,
Here is a little tip to help sell your houses faster (I did this on Monday and it reminded me to post this method):
TIP: Make sure you are scheduling multiple people at one time to go see the house you ar...
Jeremy Beland
This $200k Profit Deal Was Almost Lost Over an Eviction Battle
I’m about to tell you about a deal that could have easily fallen apart, but instead turned into a $200k profit after a lengthy eviction process. This one came from Massachusetts, a state where the eviction laws are no...
Account Closed
Can someone explain underwriting in detail?
What exactly is underwriting? What is the purpose of having an underwriter? Is it something you have to have when purchasing a property and why?
Lance H.
Pit Bulls! (small rant)
Pit bulls EVERYWHERE!
I just started advertising my home and overall feel like I've had a good response, but it seems like 75% of the people calling/emailing want to bring there Pit bull in.
I love dogs, but what ...
Jake Kain
New member from Phoenix, Arizona
Hello all,My name is Jake and I am from Phoenix, Arizona. I am currently serving in the Arizona Army National Guard and will be ending my 9 year career in December. I purchased my primary residence in 2014 and have si...
Tryston Erwin
First Deal Analysis Check
I am a new investor. I binge read Rich Dad Poor Dad and I have been fanatically listening to BP content on youtube for a month now. I plan to BRRRR my first deal and below are some of the data points I am using.This i...
John Collins
Longest you've gone with an empty property (for rentals)
Curious, and at what price point? My highest rent property has been on the market for a while and even though I've dropped the price below market, people just haven't been coming to see it this time of year. The agent...
Connor McGinnis
Raising rents after closing
Hello,I am looking to close on a 36 unit deal. Finalizing terms now and will begin inspection period soon. This will be my second deal of my career. I have an investor that will loan the down payment and so I am going...
Ned Carey
Radical anti landlord bill proposed. - Baltimore
Imagine someone is late on the rent. You do what any rational landlord would do and file for eviction. But wait, . . . you can't file for eviction. You have to Pay for mediation between you and the ten...