Ray Ochotorena
Just starting out, current home sell (and 1031) or rent?
Hi everyone, I am ready to start investing in real estate and have a situation and thought I'd reach out to see what you all thought. I am in my current home and building a custom home for my family. When it's complet...
John Chilimigras
Please help on quick 1031 question
1031 Like-exchange question.
Bought 10 wooded acres 20 years ago for 10,000. Say the city purchased 1 acre of this property recently for 100,000 under eminent domain. I apply to like exchange that amount int...
Account Closed
Should I sell or rent my condo?
I bought a condo in Jan of 2013 for about 250k and now similar units in my building are now selling for around 300k.I have another house that I'm fixing up and should be done with in a few months. I'm wondering if I s...
Nathan Simons
Should I turn my primary residence into a rental property?
Hey Bigger Pockets Community,I wanted to know some pros and cons to turning my primary residence into a rental property.Back story : I have lived in my home for over 2 years now and currently the value has gone up abo...
Stephanie Boggs
When to sell vs rent?
Hello all! But and hold newbie here. My husband and I have a house under contract that we are planning on moving into next month. We were planning on renting out our current house and planned to net about $100/month i...
Brad Rondeau
Selling rental - capital gains
Hello, I bought a condo in Laguna Niguel CA in December 2009 (short sale) for $365,000. Today it is worth about $550,000. In 2009/2010 I did $29,852 of improvements including interior paint, carpet, remodel kitchen/b...
John Andrews
New Member, Boca Raton, primary residence question
Hello all, I'll be on this site much more often now...I have questions for all of you, lol. No seriously though...I need help. I'd love to start getting into flipping properties but have a lot to learn. I'm actually t...
Christine Walsh
Using Roth IRA funds for start up
Hello!I have some funds in my Roth IRA that aren't performing right now (sitting in money market waiting for a down turn to re-invest). I am thinking about using it to fund a multifamily purchase. Is this stupid or ...
Lamar Quinn
New construction question
Hey BP,
I am in the middle of a new construction build and have a question for those who are familiar with building/selling new homes. The home is being built for me by a small builder and the price is 275k for 2800 ...
Michael J Scanlon
2 of the last 5 rule if I didn’t own initially?
Okay so I am considering buying my house from my dad and renting out the extra bedrooms when he moves out. I have lived with him for the last 3 years.But if he sells to me and then hypothetically someone comes to me a...