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I’m 24 in the Indianapolis area. Truely want to get to a $1 million dollar portfolio before before 30. Currently I have no cash. What are the best ways to get in the market with my current situation? How do I evaluate...
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Please help me understand this auction listing - the property would be worth close to $1M on open market. The current owner bought long time ago and has only $400K in mortgage.. And it is being listed at $400K... Appa...
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Hi Folks,Atlanta's a booming place, it seems. All of my cash buyers have told me they want a 65-75% discount, but I'm finding that once I allow for - rehab, of course, - a fee for me and - closing fees if it's bank-o...
Hello!I met an investor that thinks I would be great as a real estate developer. He trusts his intuition and chooses people he trusts to use his money to make more money. He wants to pay cash, write a check, and that ...
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Hello everyone,I currently own a rental property that is a SFH and the lease expires at the end of April this year. I am very passionate about being a landlord and want to pursue more rental properties as soon as poss...
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While statewide AB1482 caps rents to the lesser of 5%+CPI or 10% in a 12 month period what happens after the annual lease expires? i.e. the 12 month period is over. Are rent increases still capped for really low rent...
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Just wanted to confirm this is correct- in Washington state you no longer have to pay capital gains tax on real estate, regardless of how long you owned the property? My husband and I are putting our new construction ...
Hello. I'm getting hung up on "allowable exchange expenses" vs the requirement to reinvest all equity. I understand that exchange expenses can add to or subtract from the basis as a whole, but in a situation with debt...
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I have an LLC and Articles of Organization. I also have a business plan. How many people use a business plan when flipping houses? How do I know if my plan is worthwhile?
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Hello BP community,Do banks allow for properties to be leased as vacation rentals? If there is already a mortgage agreement in place, what would prohibit owners from entering the short term rental arena vs doing long-...