I have a real life shark tank scenario happening this week .A friend connected me to a billionaire who is always looking for deal flow..My friend who is a builder in FLA has agreed to give me 10% if I find investors f...
Hey BP my mom is thinking of the future and eventually selling her home, it's worth about 1.5-1.7 million. I was wondering, for a 1031, is possibly to spilt it in 2 two properties? Let's say 2 750k properties? Or must...
Here is some language from the one we are using:
2. The entire proceeds of this loan are to be used for a business purpose and not for personal use and the property will be rented for a period in excess of 12 months....
Hi BP,I am planning on selling my house before the 2 year mark. However, I am at about 22 months of ownership. Will I owe capital gains taxes? If so how much and how did you calculate this? Purchase price was $187,000...
Hi there,
My elderly father owns a home in an affluent part of Northern California. He purchased it in 1982, so it has a low basis (and tons of deferred maintenance). He'd like to fully retire and sell it and then to...
Hi everyone at Bigger PocketsMy family has decided to sell our 2 family house in Queens. I have a bunch of agents interested in selling the property. One of them wants us to sign an exclusivity agreement. I'm not oppo...
Over the past few weeks a good friend of mine and I have discussed the potential of starting to invest in multifamily properties together. Both he and I have dabbled in rentals alone in the past, transitioning former ...
Hey all,
I'm looking for some how-to on financing.
I'm part owner of a vacation rental in New Hampshire with a group of family (we comprise 3 families altogether). We're coming up on 5 years of owner...
Very new to the space, currently have 1 rental which used to be a primary residence. I am a bit gunshy about diving into the world of REI but I also feel a spark of passion and excitement inside me.Want to learn as mu...
I cannot emphasise enough how important this subject is. Effective marketing brings customers to you - when you get them to come to you the result is a home field advantage.
Customers are the key to success. You ...