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I want to know if buying a property in a specific city or a place how to analyze the economy or market there before buying a property?
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Hello,I invest in a market that has become very stingy in the deal department. Over the last several months, the deals seem to have dried up all together. I've spent some time driving for dollars and have identified a...
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Question 1:When talking to a seller, you’re supposed to introduce yourself & say what company you’re calling. BUT... not everyone who is doing wholesaling is doing it from an actual real estate business. Some of u...
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I've spent countless hours listening to the BP podcast, reading books, and following these forums. I've put time into understanding the market and making connections through networking and my work in the title industr...
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Hey BP,
Could someone give me a run down of how 1031 exchanges work? I understand that the benefit is you do not have to pay capital gains tax, but how does it work exactly? Any feedback would be great.
Thanks,
Tom
Hello, BP community, I am currently renting out two properties in San Jose, as follows:1: Town house, 450K purchase in 2016, currently sale price: $600K. Expenses: property tax: $6891.68 interest: $...
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Hey guys,So I just learned about turnkey providers fairly recently and I am fascinated, impressed, and kind of turned off all at once. I was hoping to get some conversation to help me think through this and maybe dec...
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Hey guys, I graduated recently, so I have more time to devote to getting into my first deal (a triplex or fourplex that I will live in). I'm working full time at a property management company to save money and have a ...
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Currently have: 2.999% interest rate on 170K loan of 300K property, 30 yrs fixed (non owner occupied fourplex, purchased 2 years ago)Thinking about this quote: 4.375% with 1% origination fee or 4.875%, 30 yrs fixed, c...
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My husband and I started to buy rental property in 1991 in Michigan's Upper Peninsula - specifically, Escanaba. We moved to Green Bay, Wisconsin in 2004 and are thinking of retiring in the next few years.We are fin...