I have a potential client who owns a home in Boulder that is their primary residence and it worth ~$1.3M and they have >$500K of equity in the property. They're wondering if they sell and put all of the proceeds of...

I just received some info that ObamaCare has a clause that will implement a 3.8% sales tax on any real estate transaction starting in 2013. Anybody know this to be true?
Don

Hello all,
Im interested in Learning how to Fix and Flip using the banks money. I have no capital but I do have  good credit. My ultimate goal like many of us is to work my way up to the bigger deals and buy and hold...

Hi all,I bought my first home on my own (I have owned and sold before as part of a married couple) four years ago - a neglected 100-year-old home for cash. I moved in and started fixing things. The property is now lis...

Happy Mother's Day BP!We found the perfect house to make our new primary residence and now I'm left with figuring out what to do with our current house. Comparable rents will only net me $60 CF (after PITI/vacancy/mai...

Hi everyone,  new member here. I have a couple rental houses, one of which will be vacant soon. The applicants are an unmarried couple with a two year old. Together their income is sufficient but separate it isn't. I ...

Hey everyone, my name is Andrew Merriman and I live in the Kansas City area and I'm very excited to join BiggerPockets! I just turned 38 years old (May 21) and I'm married to my best friend now for 19 years. To top it...

Hello, My first post is a big one for me. I’m moving to D.C. from Dayton, Ohio in four weeks to take a temp promotion (2 years). Although it’s a $17k/year raise, the cost of living is crazy higher.With a 2-year reside...

Hi guys,Wanted to get your opinion on a situation that I am in. My parents (father) took out a reverse mortgage approximately 5 years ago and have accrued about $160k in total. The net worth of the house is worth $275...

I just bought a duplex less than a month ago and am trying to rent it out. I have a couple that is moving to the cities and they have a savings. I haven't run their reports yet, but I wanted to get some thoughts befor...