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I have a mid-size mult-family unit under contract. There is an opportunity to sell one of my existing 4plexes quickly through a wholesaler to help with cash flow. Is it possiible to 1031 that money into the purchase o...
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This goes out to the CPAs/accountants...if I'm selling a property that will realize capital gains, and I decide to provide seller financing, does the IRS recognize the sale for purposes of the 1031 timeline starting a...
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Just wondering whether you are able to consider a trip to California a tax write off if you schedule a meeting with a real estate agent to look at properties? If so, what kind of documentation would i need?
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Hi, I'm about to purchase my first short term rental from out of state but the property needs a little work. Is is it better to work with a general contractor or work with subcontractors separately? For example, if I ...
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I currently have 8 SFRs/condos and I would like to eventually trade them up into apartments. Here are my questions.I am afraid of selling my 8 SFRs/condos and not having anything identified to exchange into. Can I f...
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I'm just curious - do you include "D and F" when talking about different property types? Or just "A, B, or C?" I'm just wondering what the general consensus on BP is. Like... I've got an "A" property in a "C" area. ...
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If I plan to own real estate investments as a viable source of income in my later years (hopefully sooner) would becoming a realtor be beneficial to me? I’m 24 years old, I’ve been a mechanic for the last 5 years and ...
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here goes.. I am a builder... I am in the process of building a 4 plex.. and then after that I will do another .. Plan on having 4 within the next 5 years. All being 75% LTV. If all goes well I am considering in 5 yea...
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I have a large multifamily and it is an older building. As of late we have had several complaints with regards to rodents and pests. We tented and fumigated the building 2 years ago and have changed pest control co...
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Hi Everyone...
1) What would you consider is a sweet spot for you to focus and zero in on to locate distressed home sellers so you can flip to cash buyers
2) What quick ways, tools, strategies can wholesalers use to...