Erandi Lechuga
Investing in billboards
In the process of cash out re-fi'ing my primary residence and will need to invest the money since I won't be able to open a new loan until 6-12 months after the closing date (if i understood correctly).Thoughts on inv...
Matt Jamieson
Capital Gains Tax Exemption on 2 Homes?
Hi All!Google Search came back with, "When does capital gains tax not apply? If you have lived in a home as your primary residence for two out of the five years preceding the home's sale, the IRS lets you exempt $250,...
Richard Scott Dinnan
Vacation Rental in St Augustine FL
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $241,000
Cash invested: $60,000
Restored 1940s bungalow just off of King St in St Augustine.
What made yo...
Sheldon Alex
Underwriting a $5.95 Million Dollar Property With a 5.05% Cap Rate
Good day everyone! I thought I'd share a few deals from time to time of what I'm underwriting to help anyone out who's learning how to underwrite and comp deals. Here's a first...Throughout the year's I've ran num...
Matthew Fletcher
Real Estate LLC Income And FICA
Hello,
I'm Starting A Real Estate Business With A Friend, And It Will Be Member Managed. The Entire Business Will Be Rental Incomes. I Know That This Type Of Income Is Not Subject To Fica. Can We Avoid Fic...
Salvatore Cataldo
Our First Rental Property
Investment Info:
Single-family residence buy & hold investment in Ocoee.
Purchase price: $175,000
Cash invested: $5,000
Purchased 3/2 SFR for $165k cash in December 2020.
Value add (15k budget):...
Tom W.
Seller wants real cell #, not Google Voice #
I'm working with a seller who has a property that she sold on land contract a few years ago that is delinquent. I'm negotiating to buy property and get the land contract assigned to me. I'm a realtor and am purchasing...
Janet George
Is this STR idea viable?
Hi guys. My 19 year old niece has developed an interest in real estate. While she works on obtaining her license, she wants to help potential STR investors locate properties suitable for Airbnb with zero to very low d...
Austin Elm
[Calc Review] Help me analyze this deal - Mobile Home Park
Hey BiggerPockets,I'm under contract on a 45 Unit Mobile home park in a small town in Redfield, SD. Population is 2,200. Currently 19 of the 45 spots are filled with tenants. There are 3 park owned homes of the 19. P...
Luis Herna
is wholesaling in texas legal without license?
I read the wholesaling is legal in Texas but what are the restriction. Can someone give me some advise? also how can I market deals as a wholesaler in social media? For example, is it legal placing the following state...