Alexandria Gardner
Portland House sold two years later in the recession
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $255,000
Cash invested: $90,000
Sale price: $279,000
Put in a second bathroom in 1920 3 bed/1 bath home. Rerout...
Michael Fortier
Two college kids, one with full year up front
Hello BPI just closed on my first SFR rental house less than a week ago. I put an ad on the popular rental sites 2 days before closing and got flooded with applicants before I could even show it. Yesterday we were clo...
Matan Mishli
Less than two years credit history first home buyer
Hello everyone, My name is Matan, I moved to Las Vegas a year ago from Israel and started working about 7 months ago. My wife is American with credit history of more than 15 years but she is a partial time worker. My ...
Wade Stahle
Best tax strategy for primary sold before two years
I just built a new construction duplex and have plans to sell it. I just closed on my conventional loan as it being my primary. Is there anyway to avid capital gains tax other than waiting two years? I have plans to b...
Fabiola Noel
Are two 1031 exchanges allowed in the same year?
Good morning, I appreciate your answers. Thank you so much
1) Is it allowed to have two 1031 exchanges from the sale of 2 rentals in the same year? 2) Also, is it allowed for proceeds of both sales to be used as down...
Jerry Padilla
A Two Year History Isn't Required For Conventional Financing.
I have read several times that investors think that they are unable to utilize rental income if they don't have a two year history and I just wanted to clarify. If a conventional lender is able to choose to just use F...
Zachary Pauls
What kinds of ROI for year one and year two do you look for?
Hello everyone, I just have a question roi year one. I found this property and my roi would be about 7% year one, but the property is renting under market rent. So I could make minor improvements increase the rent and...
Lauren Keen Aumond
Ever had a tenant change after a year or two?
I have tenants who have been in for one year and thus far they've been great. I don't want to get complacent, so I was wondering if anyone could share a story where a tenant was great for a year or two and then change...
Rachael Collins
Property Taxes owed from two years prior to my purchase
I purchased a property in December of 2014 and have just received a default tax bill from 2012. My current year taxes are paid. This default showed on the initial preliminary title report I received and I inquired abo...
Jaron Smith
Calc review of first property two years later, what next?
Hey everyone,Below is a report of my first and only ever deal. I did and FHA loan with 3.5% down, its a triplex in a c+ class neighborhood. I bought it, did cosmetic rehab work in one of the units myself and lived in ...